0.11 /
0.1%
106.39
NAV on 2020/10/29
| NAV on 2020/10/28 |
106.28 |
| 52 week high on 2019/12/30 |
110.69 |
| 52 week low on 2020/04/03 |
104.23 |
| Total Expense Ratio on 2020/06/30 |
1.19 |
| Total Expense Ratio (performance fee) on 2020/06/30 |
0 |
| Additional |
38.87 |
2.48% |
| Financials |
11.86 |
0.76% |
| General Equity |
168.77 |
10.77% |
| Liquid Assets |
1228.90 |
78.40% |
| Offshore |
119.02 |
7.59% |
|
FINANCEINSTIT |
809.61 |
51.65% |
|
GOVTISSUPAPER |
220.99 |
14.1% |
|
DOMESTICFUNDE |
157.47 |
10.05% |
|
CORPDBTCONVRT |
76.57 |
4.89% |
|
ADDITIONAL |
38.87 |
2.48% |
Management company:
Professional Provident Society Management Company |
Formation date:
2007/05/08 |
ISIN code:
ZAE000089876 |
Short name:
U-PPSFLEX |
Risk:
Unknown |
Sector:
South African--Multi Asset--Income |
Benchmark:
BEASSA ALBI (1-3 year Total Return Index) |
PPS Multi-Managers Proprietary Ltd
2020/02/25 00:00:00
The fund may invest in high-yielding securities and listed or unlisted financial instruments. It may also hold units in collective investment schemes or other similar schemes. Ratios may vary to optimise prevailing market conditions. The maximum effective exposure in local and foreign equities is limited to 10%; and effective local and foreign property is limited to 25% of the market value of the portfolio. The PPS Flexible Income Fund aims to provide investors with income in excess of its benchmark, while providing capital protection in times of bond market weakness. This fund is managed according to Regulation 28 of the Pension Funds Act and therefore is a suitable standalone vehicle for retirement savings.
Investment objective The PPS Flexible Income Fund aims to provide investors with income in excess of its benchmark, while providing capital protection in times of bond market weakness. It is also a suitable vehicle for retirement savings. Investment mandate The portfolio may invest in high-yielding securities and listed or unlisted financial instruments. It may also hold units in collective investment schemes or other similar schemes. Ratios may vary, to optimise prevailing market conditions. The maximum effective exposure in local and foreign equities is limited to 10%; and effective local and foreign property is limited to 25% of the market value of the portfolio.
