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Manager's
Fact Sheet
Fund Profile
Manager's Commentary
PSG Balanced Fund  |  South African-Multi Asset-High Equity
Reg Compliant
103.5446    +0.4043    (+0.392%)
NAV price (ZAR) Tue 19 Nov 2024 (change prev day)


 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 194 Rand-denominated South African--Multi Asset--High Equity funds over the last three years (needle right indicates above average performance)
Performance
<i><b>  Size</b></i><hr/>This gauge shows the size of the fund against all Rand-denominated retail funds (needle right indicates a large fund, needle left a small fund)
Size
<i><b>  Diversification</b></i><hr/>This gauge shows the level of diversification relative to other funds in the same second-tier (multi asset) category (needle right indicates a well-diversified fund)
Diversification
<i><b>  Risk</b></i><hr/>This gauge shows the fund's level of historical risk relative to other funds in the South African--Multi Asset--High Equity sector based on 3-year volatility (needle right indicates lower risk within the sector)
Risk

Fund Performance
Period    Return %Growth of R1 000
chart
* Not annualised
Key Facts and Fund Objective
Key Facts
Formation Date 1 Jun 1999
Fund Size (ZAR) 14 523 976 992
Latest Price 10 354.46
PlexCrowns
Total Expense Ratio (30/09) 1.79%
Minimum InvestmentR2 000
TTM Distribution Yield 3.31%
Fund Objective
The PSG Balanced Fund's objective is to achieve long-term growth of capital and a reasonable level of income for investors. The investment policy provides for the active management of the portfolio assets in equities, bonds, property and cash both domestically and in foreign markets. The fund can have up to 75% in equities, 25% in listed property and 45% can be invested in foreign assets and may include listed and unlisted financial instruments (derivatives). The fund operates within the constraints of Regulation 28 of the Pension Funds Act.
Asset Classes and Holdings
chart
 RSA Equity48.37%  
Int Equity24.59%  
 RSA Bonds19.73%  
 Int Bonds0.48%  
 RSA Real Estate4.07%  
 Int Real Estate0.00%  
 RSA Cash0.38%  
 Int Cash2.38%  
Top Holdings as at 30 Sep 2024
SecurityUnitsValue (Rm)% of Fund
TOTALFOREIGEQ 0 3 912.7326.83%
GOVTISSUPAPER 0 2 671.0918.32%
FINANCIALS 0 1 944.9413.34%
BASICMATERIAL 0 1 835.7212.59%
INDUSTRIALS 0 1 141.397.83%
CONSUMERGDS 0 1 086.337.45%
CONSUMERSRVS 0 684.024.69%
DOMESTICFUNDR 0 593.264.07%
TELECOMMUNICA 0 355.422.44%
PUBLENTISSPAP 0 205.741.41%
Totals  14 430.6598.97%