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0.12  /  0.01%

1225.44

NAV on 2019/01/15
NAV on 2019/01/14 1225.32
52 week high on 2018/08/31 1243.31
52 week low on 2018/03/15 1213.82
Total Expense Ratio on 2018/09/30 1.81
Total Expense Ratio (performance fee) on 2018/09/30 0
NAV Incl Dividends
1 month change 0.74% 0.74%
3 month change -0.04% 1.51%
6 month change -0.24% 2.88%
1 year change -0.29% 5.97%
5 year change 1.12% 6.91%
10 year change 1.02% 7.14%
Price data is updated once a day.
  • Sectoral allocations
General Equity 3580.91 99.59%
Liquid Assets 14.81 0.41%
  • Top five holdings
DOMESTICFUNDE 3580.91 99.59%
  • Performance against peers
  • Fund data  
Management company:
PSG Collective Investments (RF) Ltd.
Formation date:
2005/05/10
ISIN code:
ZAE000096574
Short name:
U-AWMFIXE
Risk:
Unknown
Sector:
South African--Multi Asset--Income
Benchmark:
STeFI 12 Month NCD ZAR
Contact details

Email
assetmanagement@psg.co.za

Website
http://www.psg.co.za/asset-management

Telephone
021-799-8000

  • Fund management  
Adriaan Pask


  • Fund manager's comment

PSG Advance Wealth Income FoF Comment- Dec 07

2008/06/12 00:00:00
The financial market woes continued throughout December 2007 and it became evident during the month that the traditional end-of-the-year rally would not materialise. In fact, world markets as represented by the MSCI World Index ($) lost 1.3%.
The market participants seemed cautious as the US housing slump continued with mortgage defaults increasing and the risk of a severe downturn in economic activity heightening. Even a further Fed rate cut of 0.5% in December could not turn the markets bullish.
  • Fund focus and objective  
The primary objective of the PSG ADVANCE WEALTH INCOME FUND OF FUNDS is to achieve income with some long term capital appreciation as interest rate cycles allow.
Investments to be included in the PSG ADVANCE WEALTH INCOME FUND OF FUNDS, will apart from cash and assets in liquid form, mainly consist of participatory interest in collective investments schemes, whether listed or not. The asset allocation will be actively managed as to reflect the investment manager's view of the relative attractiveness of cash, fixed interest, and property markets. The Trustees shall ensure that the investment policy set out in preceding clauses are adhere to; provided that nothing contained in this clause preclude the Manager from varying the proportions of securities in terms of changing economic factors or market conditions or from retaining cash in the portfolio and/or placing cash on deposit. The Manager will be permitted to invest on behalf of the PSG ADVANCE WEALTH INCOME FUND OF FUNDS in offshore investments as legislation permits. For the purpose of this portfolio, the Manager shall reserve the right to close the portfolio to new investors on a date determined by the manager. This will be done in order to be able to manage the portfolio in accordance with its mandate. The Manager may, once a portfolio has been closed, open that portfolio again to new investors on a date determined by the manager.
The portfolio will be managed according to prudential investment guidelines of Regulation 28 of the Pension Funds Act, which govern the management of pension and provident funds.
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