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PSG Stable Fund | South African–Multi Asset–Low Equity
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Manager's Fact Sheet
Fund Profile
Manager's Commentary
Reg Compliant
2.0174    -0.0084    (-0.415%)
NAV price (ZAR) Wed 11 Mar 2026 (change prev day)
 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 172 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
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 Sep 2011
Fund Size (ZAR) 3 288 769 875
Latest Price 2.02
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (31/12) 1.78%
Minimum InvestmentR2 000
TTM Distribution Yield 3.36%
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
Asset Classes
 SA Equities22.46%  
 Foreign Equities14.14%  
 SA Bonds43.76%  
 Foreign Bonds5.91%  
 SA Property2.11%  
 Foreign Property0.00%  
 SA Cash8.56%  
 Foreign Cash3.06%  
Top Holdings as at 31 Dec 2025
SecurityUnitsValue (Rm)% of Fund
GOVTISSUPAPER 0 951.9430.04%
TOTALFOREIGEQ 0 440.5113.90%
FINANCEINSTIT 0 368.4211.63%
PUBLENTISSPAP 0 265.628.38%
FINANCIALS 0 196.846.21%
FOREIGN MMI 0 165.235.21%
BASICMATERIAL 0 165.195.21%
INDUSTRIALS 0 120.103.79%
CONSUMERGDS 0 104.923.31%
FOREIGNCASH 0 96.733.05%
Totals  2 875.5190.73%
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