Shareholder Report | 12 Months Ended |
Jun. 30, 2024 USD ($) Holding |
Shareholder Report [Line Items] | |
Document Type | N-CSR |
Amendment Flag | false |
Registrant Name | Perpetual Americas Funds Trust |
Entity Central Index Key | 0001830437 |
Document Period End Date | Jun. 30, 2024 |
C000244336 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Trillium ESG Small/Mid Cap Fund |
Class Name | Institutional Shares |
Trading Symbol | TSMDX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the Trillium ESG Small/Mid Cap Fund (“Fund”) for the period of October 1, 2023 to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at connect.rightprospectus.com/Trillium/ |
Material Fund Change Notice [Text Block] | This report describes changes to the Fund that occurred during the reporting period. |
Additional Information Phone Number | 866-260-9549312-557-5913 |
Additional Information Website | connect.rightprospectus.com/Trillium/ |
Expenses [Text Block] | Fund Expenses for the Last Year (Based on a hypothetical $10,000 investment) Fund (Class) Cost of a $10,000 investment Costs paid as a percentage of a $10,000 investment Trillium ESG Small/Mid Cap Fund $ 0.98 % |
Expenses Paid, Amount | $ 100 |
Expense Ratio, Percent | 0.98% |
Factors Affecting Performance [Text Block] | Management’s Discussion of Fund Performance SUMMARY OF RESULTS For the 12-month period ended June 30, 2024, Trillium ESG Small/Mid Cap Fund (Institutional Shares/TSMDX) returned 3.14%, net of fees. The Fund underperformed its performance benchmark, the Russell 2500 ® TOP PERFORMANCE CONTRIBUTORS Deckers Outdoor Corporation Cyberark Software TOP PERFORMANCE DETRACTORS Omnicell, Inc SolarEdge Technologies |
Performance Past Does Not Indicate Future [Text] | Performance data quoted represents past performance; past performance does not guarantee future results.
|
Line Graph [Table Text Block] | Fund Performance The following graph and chart compare the initial and subsequent account values at the end of each of the completed fiscal years of the Institutional Shares since its inception on August 31, 2015. It assumes a $100,000 initial investment at inception. GROWTH OF $100,000 |
Average Annual Return [Table Text Block] | Average Annual Total Returns 1 year 5 year Since Trillium ESG Small/Mid Cap Fund (Institutional Shares/TSMDX) 3.14 % 6.72 % 7.28 % Russell 2500 ® 10.47 % 8.31 % 9.15 % Russell 3000 ® 23.13 % 14.14 % 13.54 % S&P 1000 ® 12.08 % 9.61 % 10.03 % |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Performance Table Market Index Changed [Text Block] | During the year ended June 30, 2024, the Fund made various changes to its benchmark indices including the addition of the Russel 3000 ® ® ® ® ® |
Material Change Date | Jun. 30, 2023 |
Updated Performance Information Location [Text Block] | Visit https://www.trilliuminvest.com/mutual-funds/trillium-esg-small-mid-cap-fund |
Net Assets | $ 40,220,306 |
Holdings Count | Holding | 71 |
Advisory Fees Paid, Amount | $ 239,549 |
Investment Company Portfolio Turnover | 31.34% |
Additional Fund Statistics [Text Block] | Key Fund Statistics The following table outlines key fund statistics that you should pay attention to. Fund net assets $ % Total number of portfolio holdings $ % Total advisory fees paid $ % Portfolio turnover rate as of the end of the reporting period $ % |
Holdings [Text Block] | Graphical Representation of Holdings The tables below show the investment makeup of the Fund, excluding short-term investments, represented TOP TEN HOLDINGS BJ's Wholesale Club Holdings, Inc. 2.8 % CyberArk Software Ltd. 2.7 % LPL Financial Holdings, Inc. 2.4 % Burlington Stores, Inc. 2.4 % Merit Medical Systems, Inc. 2.3 % Jones Lang LaSalle, Inc. 2.2 % East West Bancorp, Inc. 2.2 % MYR Group, Inc. 2.1 % Tetra Tech, Inc. 2.1 % New York Times (The) Co. - Class A 2.0 % Sector Allocation |
Largest Holdings [Text Block] | TOP TEN HOLDINGS BJ's Wholesale Club Holdings, Inc. 2.8 % CyberArk Software Ltd. 2.7 % LPL Financial Holdings, Inc. 2.4 % Burlington Stores, Inc. 2.4 % Merit Medical Systems, Inc. 2.3 % Jones Lang LaSalle, Inc. 2.2 % East West Bancorp, Inc. 2.2 % MYR Group, Inc. 2.1 % Tetra Tech, Inc. 2.1 % New York Times (The) Co. - Class A 2.0 % |
Material Fund Change [Text Block] | Material Fund Changes The Trillium ESG Small/Mid Cap Fund reorganized into a newly established series of Perpetual Americas Funds Trust effective October 30, 2023 (the “Reorganization”). In connection with the Reorganization, Perpetual Americas Funds Services 1 This is a summary of certain changes to the Fund since June 30, 2023. For more complete information, you may review the Fund’s next prospectus, which we expect to be available by October 28, 2024 at connect.rightprospectus.com/Trillium/ 1 The Fund’s investment adviser is Perpetual Americas Funds Services, which is the business name under which JOHCM (USA) Inc subcontracts portfolio management services to affiliated investment advisers. |
Material Fund Change Expenses [Text Block] | In addition, Perpetual Americas Funds Services contractually agreed to limit fund operating expense to 0.97% of average daily net assets through February 1, 2025. |
Material Fund Change Adviser [Text Block] | In connection with the Reorganization, Perpetual Americas Funds Services 1 |
Summary of Change Legend [Text Block] | This is a summary of certain changes to the Fund since June 30, 2023. For more complete information, you may review the Fund’s next prospectus, which we expect to be available by October 28, 2024 at connect.rightprospectus.com/Trillium/ |
Updated Prospectus Phone Number | 866-260-9549312-557-5913 |
Updated Prospectus Web Address | connect.rightprospectus.com/Trillium/ |
Accountant Change Date | Oct. 30, 2023 |
Accountant Change Disagreements [Text Block] | Changes in and Disagreements with Accountants Starting October 30, 2023, in connection with the Reorganization noted above, PricewaterhouseCoopers LLP (“PWC”) became the independent registered public accounting firm of the Fund and replaced Tait, Weller & Baker LLP as the predecessor fund's accounting firm. PWC serves as the accounting firm for all funds in the Perpetual Americas Funds Trust. There were no disagreements with the former accounting firm during the Fund's fiscal years ended June 30, 2022 and June 30, 2023, or for the period from July 1, 2023 through October 27, 2023. |
C000244332 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Trillium ESG Global Equity Fund |
Class Name | Institutional Shares |
Trading Symbol | PORIX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the Trillium ESG Global Equity Fund (“Fund”) for the period of October 1, 2023 to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at connect.rightprospectus.com/Trillium/ |
Material Fund Change Notice [Text Block] | This report describes changes to the Fund that occurred during the reporting period. |
Additional Information Phone Number | 866-260-9549312-557-5913 |
Additional Information Website | connect.rightprospectus.com/Trillium/ |
Expenses [Text Block] | Fund Expenses for the Last Year (Based on a hypothetical $10,000 investment) Fund (Class) Cost of a $10,000 investment Costs paid as a percentage of a $10,000 investment Trillium ESG Global Equity Fund $ 1.00 % |
Expenses Paid, Amount | $ 106 |
Expense Ratio, Percent | 1% |
Factors Affecting Performance [Text Block] | Management’s Discussion of Fund Performance SUMMARY OF RESULTS For the 12-month period ended June 30, 2024, Trillium ESG Global Equity Fund (Institutional Shares/PORIX) returned 11.72%, net of fees. The Fund underperformed its benchmark, the MSCI ACWI Index, which returned 19.37%, as well as the overall equity market. This underperformance was largely driven by our selection in the Financials sector and our allocation and selection in Consumer Staples. Our historical and long-standing avoidance of the Energy sector contributed to active performance. TOP PERFORMANCE CONTRIBUTORS Nvidia Corporation Taiwan Semiconductor Manufacturing TOP PERFORMANCE DETRACTORS IPG Photonics Corporation Kering |
Performance Past Does Not Indicate Future [Text] | Performance data quoted represents past performance; past performance does not guarantee future results.
|
Line Graph [Table Text Block] | Fund Performance The following graph and chart compare the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the Institutional Shares. It assumes a $100,000 initial investment at the beginning of the first fiscal year. GROWTH OF $100,000 |
Average Annual Return [Table Text Block] | Average Annual Total Returns 1 year 5 year 10 year Trillium ESG Global Equity Fund (Institutional Shares/PORIX) 11.72 % 10.61 % 9.18 % MSCI ACWI 19.37 % 10.76 % 8.43 % |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Material Change Date | Jun. 30, 2023 |
Updated Performance Information Location [Text Block] | Visit https://www.trilliuminvest.com/mutual-funds/trillium-esg-global-equity-fund |
Net Assets | $ 959,065,191 |
Holdings Count | Holding | 96 |
Advisory Fees Paid, Amount | $ 7,674,673 |
Investment Company Portfolio Turnover | 27.31% |
Additional Fund Statistics [Text Block] | Key Fund Statistics The following table outlines key fund statistics that you should pay attention to. Fund net assets $ % Total number of portfolio holdings $ % Total advisory fees paid $ % Portfolio turnover rate as of the end of the reporting period $ % |
Holdings [Text Block] | Graphical Representation of Holdings The tables below show the investment makeup of the Fund, excluding short-term investments, represented TOP TEN HOLDINGS Microsoft Corp. 5.8 % NVIDIA Corp. 5.4 % Alphabet, Inc. - Class A 4.7 % Apple, Inc. 2.9 % Taiwan Semiconductor Manufacturing Co. Ltd. - ADR 2.5 % Novo Nordisk A/S - Class B 2.0 % Visa, Inc. - Class A 2.0 % TJX Cos. (The), Inc. 1.6 % Unilever PLC 1.6 % Target Corp. 1.5 % Sector Allocation GEOGRAPHICAL ALLOCATION |
Largest Holdings [Text Block] | TOP TEN HOLDINGS Microsoft Corp. 5.8 % NVIDIA Corp. 5.4 % Alphabet, Inc. - Class A 4.7 % Apple, Inc. 2.9 % Taiwan Semiconductor Manufacturing Co. Ltd. - ADR 2.5 % Novo Nordisk A/S - Class B 2.0 % Visa, Inc. - Class A 2.0 % TJX Cos. (The), Inc. 1.6 % Unilever PLC 1.6 % Target Corp. 1.5 % |
Material Fund Change [Text Block] | Material Fund Changes The Trillium ESG Global Equity Fund reorganized into a newly established series of Perpetual Americas Funds Trust effective October 30, 2023 (the “Reorganization”). In connection with the Reorganization, Perpetual Americas Funds Services 1 This is a summary of certain changes to the Fund since June 30, 2023. For more complete information, you may review the Fund’s next prospectus, which we expect to be available by October 28, 2024 at connect.rightprospectus.com/Trillium/ 1 The Fund’s investment adviser is Perpetual Americas Funds Services, which is the business name under which JOHCM (USA) Inc subcontracts portfolio management services to affiliated investment advisers. |
Material Fund Change Expenses [Text Block] | In addition, Perpetual Americas Funds Services contractually agreed to limit fund operating expense to 0.99% of average daily net assets through February 1, 2025. |
Material Fund Change Adviser [Text Block] | In connection with the Reorganization, Perpetual Americas Funds Services 1 |
Summary of Change Legend [Text Block] | This is a summary of certain changes to the Fund since June 30, 2023. For more complete information, you may review the Fund’s next prospectus, which we expect to be available by October 28, 2024 at connect.rightprospectus.com/Trillium/ |
Updated Prospectus Phone Number | 866-260-9549312-557-5913 |
Updated Prospectus Web Address | connect.rightprospectus.com/Trillium/ |
Accountant Change Date | Oct. 30, 2023 |
Accountant Change Disagreements [Text Block] | Changes in and Disagreements with Accountants Starting October 30, 2023, in connection with the Reorganization noted above, PricewaterhouseCoopers LLP (“PWC”) became the independent registered public accounting firm of the Fund and replaced Tait, Weller & Baker LLP as the predecessor fund's accounting firm. PWC serves as the accounting firm for all funds in the Perpetual Americas Funds Trust. There were no disagreements with the former accounting firm during the Fund's fiscal years ended June 30, 2022 and June 30, 2023, or for the period from July 1, 2023 through October 27, 2023. |
C000244333 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Trillium ESG Global Equity Fund |
Class Name | Investor Shares |
Trading Symbol | PORTX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the Trillium ESG Global Equity Fund (“Fund”) for the period of October 1, 2023 to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at connect.rightprospectus.com/Trillium/ |
Material Fund Change Notice [Text Block] | This report describes changes to the Fund that occurred during the reporting period. |
Additional Information Phone Number | 866-260-9549312-557-5913 |
Additional Information Website | connect.rightprospectus.com/Trillium/ |
Expenses [Text Block] | Fund Expenses for the Last Year (Based on a hypothetical $10,000 investment) Fund (Class) Cost of a $10,000 investment Costs paid as a percentage of a $10,000 investment Trillium ESG Global Equity Fund $ 1.24 % |
Expenses Paid, Amount | $ 131 |
Expense Ratio, Percent | 1.24% |
Factors Affecting Performance [Text Block] | Management’s Discussion of Fund Performance SUMMARY OF RESULTS For the 12-month period ended June 30, 2024, Trillium ESG Global Equity Fund (Investor Shares/PORTX) returned 11.45%, net of fees. The Fund underperformed its benchmark, the MSCI ACWI Index, which returned 19.37%, as well as the overall equity market. This underperformance was largely driven by our selection in the Financials sector and our allocation and selection in Consumer Staples. Our historical and long-standing avoidance of the Energy sector contributed to active performance. TOP PERFORMANCE CONTRIBUTORS Nvidia Corporation Taiwan Semiconductor Manufacturing TOP PERFORMANCE DETRACTORS IPG Photonics Corporation Kering |
Performance Past Does Not Indicate Future [Text] | Performance data quoted represents past performance; past performance does not guarantee future results. |
Line Graph [Table Text Block] | Fund Performance The following graph and chart compare the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the Investor Shares. It assumes a $10,000 initial investment at the beginning of the first fiscal year. GROWTH OF $10,000 |
Average Annual Return [Table Text Block] | Average Annual Total Returns 1 year 5 year 10 year Trillium ESG Global Equity Fund (Investor Shares/PORTX) 11.45 % 10.31 % 8.88 % MSCI ACWI 19.37 % 10.76 % 8.43 % |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Material Change Date | Jun. 30, 2023 |
Updated Performance Information Location [Text Block] | Visit https://www.trilliuminvest.com/mutual-funds/trillium-esg-global-equity-fund |
Net Assets | $ 959,065,191 |
Holdings Count | Holding | 96 |
Advisory Fees Paid, Amount | $ 7,674,673 |
Investment Company Portfolio Turnover | 27.31% |
Additional Fund Statistics [Text Block] | Key Fund Statistics The following table outlines key fund statistics that you should pay attention to. Fund net assets $ % Total number of portfolio holdings $ % Total advisory fees paid $ % Portfolio turnover rate as of the end of the reporting period $ % |
Holdings [Text Block] | Graphical Representation of Holdings The tables below show the investment makeup of the Fund, excluding short-term investments, represented TOP TEN HOLDINGS Microsoft Corp. 5.8 % NVIDIA Corp. 5.4 % Alphabet, Inc. - Class A 4.7 % Apple, Inc. 2.9 % Taiwan Semiconductor Manufacturing Co. Ltd. - ADR 2.5 % Novo Nordisk A/S - Class B 2.0 % Visa, Inc. - Class A 2.0 % TJX Cos. (The), Inc. 1.6 % Unilever PLC 1.6 % Target Corp. 1.5 % Sector Allocation GEOGRAPHICAL ALLOCATION |
Largest Holdings [Text Block] | TOP TEN HOLDINGS Microsoft Corp. 5.8 % NVIDIA Corp. 5.4 % Alphabet, Inc. - Class A 4.7 % Apple, Inc. 2.9 % Taiwan Semiconductor Manufacturing Co. Ltd. - ADR 2.5 % Novo Nordisk A/S - Class B 2.0 % Visa, Inc. - Class A 2.0 % TJX Cos. (The), Inc. 1.6 % Unilever PLC 1.6 % Target Corp. 1.5 % |
Material Fund Change [Text Block] | Material Fund Changes The Trillium ESG Global Equity Fund reorganized into a newly established series of Perpetual Americas Funds Trust effective October 30, 2023 (the “Reorganization”). In connection with the Reorganization, Perpetual Americas Funds Services 1 This is a summary of certain changes to the Fund since June 30, 2023. For more complete information, you may review the Fund’s next prospectus, which we expect to be available by October 28, 2024 at connect.rightprospectus.com/Trillium/ 1 The Fund’s investment adviser is Perpetual Americas Funds Services, which is the business name under which JOHCM (USA) Inc subcontracts portfolio management services to affiliated investment advisers. |
Material Fund Change Expenses [Text Block] | In addition, Perpetual Americas Funds Services contractually agreed to limit fund operating expense to 1.24% of average daily net assets through February 1, 2025. |
Material Fund Change Adviser [Text Block] | In connection with the Reorganization, Perpetual Americas Funds Services 1 |
Summary of Change Legend [Text Block] | This is a summary of certain changes to the Fund since June 30, 2023. For more complete information, you may review the Fund’s next prospectus, which we expect to be available by October 28, 2024 at connect.rightprospectus.com/Trillium/ |
Updated Prospectus Phone Number | 866-260-9549312-557-5913 |
Updated Prospectus Web Address | connect.rightprospectus.com/Trillium/ |
Accountant Change Date | Oct. 30, 2023 |
Accountant Change Disagreements [Text Block] | Changes in and Disagreements with Accountants Starting October 30, 2023, in connection with the Reorganization noted above, PricewaterhouseCoopers LLP (“PWC”) became the independent registered public accounting firm of the Fund and replaced Tait, Weller & Baker LLP as the predecessor fund's accounting firm. PWC serves as the accounting firm for all funds in the Perpetual Americas Funds Trust. There were no disagreements with the former accounting firm during the Fund's fiscal years ended June 30, 2022 and June 30, 2023, or for the period from July 1, 2023 through October 27, 2023. |