PSG offers various fixed-income solutions that investors can use in their wealth-creation journey. From the more conservative money-market option to ones that offer more growth like the PSG Wealth Enhanced Interest Fund of Funds.
The new PSG Wealth Cash Account is available to investors exclusively via PSG Wealth advisers.
This fund is suitable for investors who:
This fund is suitable for investors who:
• want a regular income without using capital,
• are seeking returns greater than those provided by money market funds or cash,
• have a minimum investment horizon of two months.
This fund is suitable for investors who:
• have a low-risk appetite,
• require an income,
• have an investment horizon of one year or longer.
Money market funds generally publish daily ‘annual effective yields’. Keep in mind that these are based on recent daily accruals that are annualised. These published yields thus provide a short-term view of the funds' returns. It is generally more useful to consider one-year rolling returns over extended periods to determine consistent relative performance.
The graph shows the past performance of these funds. Before 15 September 2023, the original fee applies to the calculation of the yields, and after this date, the new fee applies. The reduced fees only apply to these funds when used in the PSG Wealth Cash Account. The reduced fees from 15 September 2023 are:
• An 8bps p.a. reduction for the PSG Wealth Enhanced Interest FoF
• A 17.5bps p.a. reduction for the PSG Money Market Fund
• At a flat platform fee of 10bps p.a.
Sources: PSG, FactSet. Data as at 31 January 2024.
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