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31 July 2018 - PSG

Investment objec ve (summary of investment policy)The PSG balanced fund 's objec ve is to achieve long term growth of capital and a reasonable level of income for investors. The investment policy provides for the ac ve management of the por olio assets in equi es, bonds, property and cash both domes cally and in foreign markets. The fund can have up to 75% in equi es, 25% in listed property and 30% in foreign markets and may include listed and unlisted financial instruments (deriva ves). The fund operates within the constraints of Regula on 28 of the Pension Funds should consider inves ng?

PSG Balanced Fund Class A 31 July 2018 Fees A schedule of fees and charges and maximum commissions is available on request from …

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