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1.1569
-0.0064
(-0.550%)
NAV price (ZAR) Mon 15 Dec 2025 (change prev day)
Fund Performance
| Period Return %Growth of R1 000 |
 |
| * Not annualised |
| Period Return %Growth of R1 000 |
|
| * Not annualised |
Key Facts and Fund Objective
| Key Facts |
| Formation Date | 2 Dec 2022 |
| Fund Size (ZAR) | 136 222 492 |
| Latest Price | 115.69 |
| PlexCrowns | |
| Total Expense Ratio (30/09) | 2.13% |
| Minimum Investment | - |
| TTM Distribution Yield | - |
| Key Facts |
| Formation Date | 2 Dec 2022 |
| Fund Size (ZAR) | 136 222 492 |
| Latest Price | 115.69 |
| PlexCrowns | |
| Total Expense Ratio (30/09) | 2.13% |
| Minimum Investment | - |
| TTM Distribution Yield | - |
| Fund Objective |
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The PSG MULTI-MANAGEMENT GLOBAL FLEXIBLE FEEDER FUND (USD) ("the portfolio") is a Rand denominated global multi-asset flexible Feeder Fund that will, apart from assets in liquid form, invest solely in the PSG Multi-Management Global Flexible Fund of Funds (Dollar) domiciled in Malta under the PSG Global Portfolio scheme which is an open-ended collective investment scheme organised as an umbrella unit trust under the laws of Malta and licensed by the Malta Financial Services Authority in terms of the Investment Services Act (Chapter 370, Laws of Malta), and approved for distribution in the Republic of South African in terms of section 65 of the Collective Investment Schemes Control Act....Read more
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| Fund Objective |
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The PSG MULTI-MANAGEMENT GLOBAL FLEXIBLE FEEDER FUND (USD) ("the portfolio") is a Rand denominated global multi-asset flexible Feeder Fund that will, apart from assets in liquid form, invest solely in the PSG Multi-Management Global Flexible Fund of Funds (Dollar) domiciled in Malta under the PSG Global Portfolio scheme which is an open-ended collective investment scheme organised as an umbrella unit trust under the laws of Malta and licensed by the Malta Financial Services Authority in terms of the Investment Services Act (Chapter 370, Laws of Malta), and approved for distribution in the Republic of South African in terms of section 65 of the Collective Investment Schemes Control Act.
The underlying fund will adopt a fund of funds strategy. In selecting CIS to invest in, the Trading Advisor will seek to identify CIS with the following characteristics:
The emphasis of the investment manager's investment approach will be on equities but there will be no specific limit on the asset classes in which the investment manager may invest with the proviso that there will be a minimum exposure of 50% net equity holdings (subject to discretion to hold cash in adverse market conditions).
The shares or units in the underlying collective investment schemes must have a risk profile which is similar to the risk profile of other underlying securities which may be included as permitted under regulated retail collective investment schemes. The underlying fund will be invested in at least five (5) underlying collective investment schemes and no more than 20% of the underlying fund's gross assets will be invested in any one underlying collective investment scheme. At the discretion of the Trading Advisor, the underlying fund may, where market conditions are adverse from time to time hold up to 100% cash.
The underlying fund may invest in regulated CIS established in any jurisdiction where supervision is similar to that of Malta and considered by the Investment Manager to be appropriate for the underlying fund and its Shareholders including the Channel Islands (Guernsey and Jersey), and any OECD, EU or EEA member country. The underlying fund may not be leveraged through the use of Financial Derivative Instruments (FDIs). FDIs may be used only for efficient portfolio management purposes and are to be covered at all times. Investments in synthetic instruments are not permitted.
The portfolio may hold financial instruments and exchange rate swaps for the exclusive purpose of hedging exchange rate risk to the extent that the portfolio is exposed to such risk.
The underlying fund may not invest in a collective investment scheme where such a fund's constitution allows it to accept physical delivery of a commodity or allows it to invest in instrument that compels the acceptance of physical delivery of a commodity.
The underlying fund may not invest in a collective investment scheme whose constitution permits the use of leverage or alternative strategies as an investment technique.
The trustee shall ensure that the investment policy set out in this supplemental deed is adhered to; provided that nothing in this supplemental deed and the deed contained shall preclude the manager from varying the proportions of securities and assets in liquid form in terms of changing economic factors or market conditions or from retaining cash in the portfolio and/or placing cash on deposit.
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 the portfolio has been closed, open the portfolio again to new investors on a date determined by the manager.
Nothing in this supplemental deed and the deed contained shall preclude the manager from varying the ratio of securities to maximise capital growth and investment potential in a changing economic environment or market conditions or to meet the requirements, if applicable, of any exchange formally recognised in terms of legislation and from retaining cash in the portfolio and/or placing cash on deposit in terms of the deed and this supplemental deed. The manager shall ensure that the aggregate value of the assets comprising the portfolio consists of securities and assets in liquid form of the aggregate value required from time to time by the Act."
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| Fund Objective |
|
The PSG MULTI-MANAGEMENT GLOBAL FLEXIBLE FEEDER FUND (USD) ("the portfolio") is a Rand denominated global multi-asset flexible Feeder Fund that will, apart from assets in liquid form, invest solely in the PSG Multi-Management Global Flexible Fund of Funds (Dollar) domiciled in Malta under the PSG Global Portfolio scheme which is an open-ended collective investment scheme organised as an umbrella unit trust under the laws of Malta and licensed by the Malta Financial Services Authority in terms of the Investment Services Act (Chapter 370, Laws of Malta), and approved for distribution in the Republic of South African in terms of section 65 of the Collective Investment Schemes Control Act....Read more
|
|
| Fund Objective |
|
The PSG MULTI-MANAGEMENT GLOBAL FLEXIBLE FEEDER FUND (USD) ("the portfolio") is a Rand denominated global multi-asset flexible Feeder Fund that will, apart from assets in liquid form, invest solely in the PSG Multi-Management Global Flexible Fund of Funds (Dollar) domiciled in Malta under the PSG Global Portfolio scheme which is an open-ended collective investment scheme organised as an umbrella unit trust under the laws of Malta and licensed by the Malta Financial Services Authority in terms of the Investment Services Act (Chapter 370, Laws of Malta), and approved for distribution in the Republic of South African in terms of section 65 of the Collective Investment Schemes Control Act.
The underlying fund will adopt a fund of funds strategy. In selecting CIS to invest in, the Trading Advisor will seek to identify CIS with the following characteristics:
The emphasis of the investment manager's investment approach will be on equities but there will be no specific limit on the asset classes in which the investment manager may invest with the proviso that there will be a minimum exposure of 50% net equity holdings (subject to discretion to hold cash in adverse market conditions).
The shares or units in the underlying collective investment schemes must have a risk profile which is similar to the risk profile of other underlying securities which may be included as permitted under regulated retail collective investment schemes. The underlying fund will be invested in at least five (5) underlying collective investment schemes and no more than 20% of the underlying fund's gross assets will be invested in any one underlying collective investment scheme. At the discretion of the Trading Advisor, the underlying fund may, where market conditions are adverse from time to time hold up to 100% cash.
The underlying fund may invest in regulated CIS established in any jurisdiction where supervision is similar to that of Malta and considered by the Investment Manager to be appropriate for the underlying fund and its Shareholders including the Channel Islands (Guernsey and Jersey), and any OECD, EU or EEA member country. The underlying fund may not be leveraged through the use of Financial Derivative Instruments (FDIs). FDIs may be used only for efficient portfolio management purposes and are to be covered at all times. Investments in synthetic instruments are not permitted.
The portfolio may hold financial instruments and exchange rate swaps for the exclusive purpose of hedging exchange rate risk to the extent that the portfolio is exposed to such risk.
The underlying fund may not invest in a collective investment scheme where such a fund's constitution allows it to accept physical delivery of a commodity or allows it to invest in instrument that compels the acceptance of physical delivery of a commodity.
The underlying fund may not invest in a collective investment scheme whose constitution permits the use of leverage or alternative strategies as an investment technique.
The trustee shall ensure that the investment policy set out in this supplemental deed is adhered to; provided that nothing in this supplemental deed and the deed contained shall preclude the manager from varying the proportions of securities and assets in liquid form in terms of changing economic factors or market conditions or from retaining cash in the portfolio and/or placing cash on deposit.
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 the portfolio has been closed, open the portfolio again to new investors on a date determined by the manager.
Nothing in this supplemental deed and the deed contained shall preclude the manager from varying the ratio of securities to maximise capital growth and investment potential in a changing economic environment or market conditions or to meet the requirements, if applicable, of any exchange formally recognised in terms of legislation and from retaining cash in the portfolio and/or placing cash on deposit in terms of the deed and this supplemental deed. The manager shall ensure that the aggregate value of the assets comprising the portfolio consists of securities and assets in liquid form of the aggregate value required from time to time by the Act."
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