NAV on 2021/09/17
|NAV on 2021/09/16
|52 week high on 2021/08/24
|52 week low on 2020/10/30
|Total Expense Ratio on 2021/06/30
|Total Expense Ratio (performance fee) on
Personal Trust International
South African--Multi Asset--Low Equity
35% of JSE All Share Total Return Index; 25% of All Bond Index; 5% of MSCI World Index; 5% IMF Special Drawing Rights; 5% JSE SA Listed Property Index; 10% SA Cash; 15% JP Morgan Bond Index
Personal Trust Conservative Mnged comment - May 16
The Personal Trust Conservative Managed Fund had a good quarter performing in line with its benchmark and ahead of the (CPI+3) target. All the asset classes registered positive returns this quarter with equities and property the best performers. Local equity and property have recovered nicely on the back of rising commodity prices and the hope that a rating downgrade has been averted for now.
With all the uncertainty the Conservative Managed Fund portfolio is widely diversified and conservatively positioned for the fluid political environment.
Fund Objective - To seek long-term capital growth and income returns whilst being managed according to the guidelines provided by Regulation 28 of the Pension Fund Act.
*Best suited to retired investors drawing income from their portfolio
*Invests in a combination of local equities, property trusts, local and offshore bonds and cash
*It has a maximum equity exposure of 40%
*Investment horizon in excess of five years
*The risk profile of the fund is expected to be low to medium with returns that are higher than inflation