outperforming its benchmark , the MSCI All Country World Index by 14 % - a considerable achievement amidst the COVID-19 effects experienced in the markets for most of 2020 .
The PPS Global Equity Feeder Fund is a South Africandomiciled unit trust feeder fund which invests in the PPS Global Equity Fund discussed above . This fund is for investors who wish to invest using Rands , but still require exposure to international markets and currencies through the expertise of Capital Group .
There is no limit on how much you can invest and there are no foreign exchange or foreign allowance implications and paperwork . Investors can use this fund to save for retirement ( subject to Regulation 28 requirements ), or for discretionary saving purposes .
One of the benefits of the PPS Global Equity Feeder Fund is that your contribution can start from as little as R500 per month or a R5 000 lump-sum investment .
With the PPS Global Equity solution , we offer investors an easy way to diversify their risk by offering a solution that gives them access to formidable stock-picking capabilities and institutional memory that spans 90 years of this international investment manager with a proven track record through various market cycles and managing money through previous market crashes .
Disclaimer : This information is not advice , as defined in the Financial Advisory and Intermediary Services Act .
Collective Investment Schemes in Securities ( CIS ) are generally medium- to long-term investments . The value of participatory interests ( units ) may go down as well as up , and past performance is not necessarily a guide to future performance . CIS are traded at ruling prices and can engage in borrowing and scrip lending up to 10 % of the market value of the portfolio to bridge insufficient liquidity . The manager does not provide any guarantee either in respect of the capital or the return of a portfolio . Certain funds may be exposed to foreign securities and as such , may be subject to additional risks brought about by this exposure .
The PPS Global Equity Fund is registered and approved for marketing in South Africa under section 65 of the CISCA .
A feeder fund is a portfolio that invests in a single portfolio of a collective investment scheme , which levies its own charges , and which could result in a higher fee structure for the feeder fund .
PPS Multi Managers has appointed the Capital Group as the Investment Manager of the PPS Global Equity Fund .
PPS Investments Group is a division of PPS , a Licensed Insurer and Financial Services Provider . PPS Investments Group consists of the following authorised Financial Services Providers : PPS Investments ( Pty ) Ltd (“ PPSI ”), PPS Multi-Managers ( Pty ) Ltd (“ PPSMM ”) and PPS Investment Administrators ( Pty ) Ltd (“ PPSIA ”); and includes the following approved Management Company under the Collective Investment Schemes Control Act : PPS Management Company ( Pty ) Ltd ( RF )(“ PPS Manco ”).
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