Mandate Overview06 Oct 2011
The PSG KONSULT ENHANCED INTEREST FUND will be a specialist portfolio. The investment objective of the portfolio is to maximise the current level of income while providing maximum stability of capital invested. The portfolio will aim to achieve performance returns in excess of money market yields and current account yields by taking marginally more risk.
Mandate Universe06 Oct 2011
In order to achieve this investment objective the portfolio will invest its assets in South African markets at all times and will be permitted to invest in a flexible mix of debt securities, including but not limited to money market instruments, bonds, fixed deposits, listed debentures, and other high yielding securities, as well as any other non-equity securities which may be approved by the Registrar from time to time and which are consistent with the investment policy of the portfolio, to the maximum levels permitted by the Act, and the Regulations thereto, as amended from time to time.