PSG Equity Fund Class E

The PSG Equity Fund's objective is to offer investors long-term capital growth without assuming greater risk and to earn a higher rate of return than the South African Equity Market measured by the funds' benchmark. The fund sits at the top end of the risk/return spectrum, and investors in this fund should be comfortable with stock market fluctuations and capital loss.

• Want with an aggressive risk profile.
• Want above inflation returns and long-term capital appreciation.
•  Are comfortable with significant stock market fluctuations in the short term.
• Are willing to accept potential capital loss.
• Have an investment horizon of 7-10-years.

Composite of 80% FTSE/JSE Capped Swix All Share Net Total Return Index and 20% MSCI Daily Total Return Net World USD Index

The PSG Equity Fund investments in a mix of securities and assets in liquid form and can include listed and unlisted financial instruments (derivatives). Their portfolio is concentrated in local and foreign equities and therefore more volatile and exposed to market and currency risks. Property shares may be included in the portfolio and can carry the same risk as investing directly in real estate which is subject to economic and political conditions, interest rates and tax considerations.