Morningstar

PSG Balanced A APFF

Morningstar Medalist Rating
Medalist Rating as of | See PSG Investment Hub
  • NAV / 1-Day Return 105.49  /  +1.15 %
  • Total Assets 839.2 Mil
  • Adj. Expense Ratio
    —
  • Expense Ratio —
  • Distribution Fee Level Above Average
  • Share Class Type —
  • Category ZAR/NAD Aggressive Allocation
  • Investment Style Mid Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 3.24%
  • Turnover —

ZAR | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 5:34 PM GMT+0

Morningstar’s Analysis APFF

Will APFF outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable APFF’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the APFF management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of APFF’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in PSG Balanced A's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings APFF

More APFF Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 36.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Discovery Holdings Ltd

6.47 865.6 Mil
Financial Services

R2037 8.50% 310137

5.43 725.6 Mil
Corporate

REPUBLIC OF SOUTH AFRICA 07/12/33 3.45%

4.66 623.5 Mil
Government

Prudential PLC

3.57 477.2 Mil
Financial Services

Hiscox Ltd

3.19 426.4 Mil
Financial Services

Rsa 8.75% 310145

3.03 405.7 Mil
Corporate

Hammerson PLC

2.70 361.6 Mil
Real Estate

Foschini Group Limited

2.54 339.4 Mil
Consumer Cyclical

Northam Platinum Holdings Ltd

2.42 323.6 Mil
Basic Materials

Wheaton Precious Metals Corp

2.36 315.2 Mil
Basic Materials

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