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Manager's
Fact Sheet
Fund Profile
Manager's Commentary
PSG Stable Fund  |  South African-Multi Asset-Low Equity
Reg Compliant
1.8419    +0.0037    (+0.201%)
NAV price (ZAR) Mon 30 Jun 2025 (change prev day)


 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 146 Rand-denominated South African--Multi Asset--Low 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--Low 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 Sep 2011
Fund Size (ZAR) 2 828 083 138
Latest Price 184.19
PlexCrowns
Total Expense Ratio (31/03) 1.78%
Minimum InvestmentR2 000
TTM Distribution Yield 4.01%
Fund Objective
The PSG Stable Fund's objective is to achieve capital appreciation and generate a performance return of CPI+3% over a rolling three-year period with low volatility and low correlation to equity markets through all market cycles. The investment policy provides for investment in a mix of debt securities, money market instruments, bonds, inflation-linked securities, listed equities and property, preference shares and other high yielding securities and derivatives. The fund may have up to 40% in equities. The fund operates within the constraints of Regulation 28 of the Pension Funds Act.
Asset Classes and Holdings
chart
 RSA Equity21.72%  
Int Equity16.39%  
 RSA Bonds40.60%  
 Int Bonds7.24%  
 RSA Real Estate1.42%  
 Int Real Estate0.00%  
 RSA Cash11.42%  
 Int Cash1.21%  
Top Holdings as at 31 Mar 2025
SecurityUnitsValue (Rm)% of Fund
GOVTISSUPAPER 0 831.9430.83%
TOTALFOREIGEQ 0 431.6215.99%
FINANCEINSTIT 0 338.1412.53%
FINANCIALS 0 184.966.85%
FOREIGN MMI 0 170.626.32%
PUBLENTISSPAP 0 150.525.58%
BASICMATERIAL 0 134.404.98%
CONSUMERGDS 0 100.463.72%
INDUSTRIALS 0 93.333.46%
CASH 0 73.322.72%
Totals  2 509.3192.98%