PPT 1.06% $21.57 perpetual limited

First glance ......."Steady as she goes" - Predictable.Progress...

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    First glance .......
    "Steady as she goes" - Predictable.
    Progress being made in most areas, incl Pendal integration & Performance Benchmarks.
    Expense rate reduction a bit slow in delivering.
    Revenue good.
    Divs OK with slightly lower ITC's.
    Justifies a SP of mid-$20's with potential upside.

    All the discussion should now be around the EOI & Strategic Review status.
 
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