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PSG Balanced Fund | South African–Multi Asset–High Equity
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Manager's Fact Sheet
Fund Profile
Manager's Commentary
Reg Compliant
128.2256    +0.5390    (+0.422%)
NAV price (ZAR) Tue 10 Mar 2026 (change prev day)
 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 249 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
NAV and TRI Performance
  TRI
  NAV
   3 Months 6 Months 1 Year 3 Years 5 Years
Period    Return %Growth of R1 000
chart
* Not annualised
Key Facts and Fund Objective
Key Facts
Formation Date 1 Jun 1999
Fund Size (ZAR) 20 328 736 265
Latest Price 128.23
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (31/12) 1.79%
Minimum InvestmentR2 000
TTM Distribution Yield 3.53%
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
Asset Classes
 SA Equities44.40%  
 Foreign Equities29.28%  
 SA Bonds15.63%  
 Foreign Bonds5.24%  
 SA Property3.87%  
 Foreign Property0.00%  
 SA Cash1.20%  
 Foreign Cash0.39%  
Top Holdings as at 31 Dec 2025
SecurityUnitsValue (Rm)% of Fund
TOTALFOREIGEQ 0 5 593.2429.27%
GOVTISSUPAPER 0 2 302.6112.05%
FINANCIALS 0 2 087.2710.92%
BASICMATERIAL 0 1 933.1510.12%
CONSUMERGDS 0 1 419.637.43%
INDUSTRIALS 0 1 132.815.93%
FOREIGN MMI 0 1 000.355.24%
CONSUMERSRVS 0 817.044.28%
DOMESTICFUNDR 0 739.613.87%
TELECOMMUNICA 0 722.823.78%
Totals  17 748.5292.88%
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10 Mar128.23+0.54+0.42% 
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