Effective saving for retirement – the PSG Balanced Fund that keeps on delivering
The PSG Balanced Fund has returned 14.7% per year since it started in June 1999, avoiding a low-risk low-return philosophy.
The PSG Balanced Fund has returned 14.7% per year since it started in June 1999, avoiding a low-risk low-return philosophy.
In another excellent contribution, independent economist Azar Jammine applies his mind to the latest blow to SA’s economy – the departure of Treasury’s director-general Lungisa Fuzile.
Amid the turn in the SA economy, investors should be very careful not to panic and take steps that could be detrimental to their portfolios in the long run.
In this Investing Masterclass, we find out from PSG fund managers Paul Bosman and Greg Hopkins how they manage to consistently outperform.
PSG’s Philipp Wörz explains how mispriced quality in the market is identified and the benefits of investing off-shore.
In essence, the 3M’s (Moat, Management and Margin of Safety) look for investments that are trading at discounts to their inherent intrinsic values.
Asset consultants typically advise investors to minimise cash holdings in multi-asset mandates whenever possible, citing the low long-term average returns achieved by cash relative to the other asset classes.
Constantly assessing the risks and returns of individual investment opportunities and being flexible are central to successful investing.
South African investors are familiar with the equity market, but fixed income investments (or bonds) tend to attract less attention.
How can asset managers confidently ask clients to invest with them for the very long-term in this rapidly changing and politically uncertain world?