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May 18, 2012



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PSG Konsult Solutions

The PSG Konsult Solutions are a range of multi-manager managed Fund of Funds (FoF), each aimed at a specific investment mandate and risk profile.

Instead of using a single portfolio manager, these portfolios are each structured to combine the views of various of the best portfolio managers in the investment arena. This allows the investor to invest in one unit trust fund consisting of several underlying unit trust funds. The multi-manager therefore has access to multiple views and is able to take advantage of the skills of multiple managers and benefit more widely from the input of the different asset management houses that manage these underlying funds.

In addition PSG Konsult has access to institutional class funds and fee discounts, which are far more cost effective than traditionally offered retail funds. Multi-managers often finance their own cost by offsetting their fees against the saving from using institutional funds.

The objective of multi-management is therefore to allow a fund to be able to outperform its benchmark and significantly reduce risk at a similar cost. As an investor, you can find comfort in the knowledge that your investment portfolio is being managed by a larger team consisting of various of the most skilled asset management teams, while the multi-manager continuously assesses the risk (we actively monitor and review, so that you don't have to). If we think it is necessary, we will replace specific investment managers that are no longer deemed appropriate.

The benefits of multi-management include the following:

  • The underlying funds comprising the multi-managed fund are more cost effective than retail funds
  • Any switches on a fund level are exempt from Capital Gains Tax (CGT) because switches take place within the fund itself which is exempt from tax
  • Cost reductions can be deducted from the interest and dividends as opposed to the selling units of capital which contributes to further tax efficiency
  • No fees are payable for switching funds within a FoF portfolio. In a 'loose' portfolio these cost can be up to 0.25% of the re-allocated amount.

We do not offer clients 'silos' with different investment philosophies, but recognise the need to develop investment products that meet the varying needs of all our clients. We welcome the opportunity to create solutions that align the best investment view with the individual objectives of our clients.

Fund Type Fund Name
Income PSG Konsult Income FoF A
Cautious PSG Konsult Preserver FoF A
Moderate PSG Konsult Moderate FoF A
Equity PSG Konsult Creator FoF A
Offshore PSG Konsult International FoF

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