Daily Investment Update
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24 AUGUST 2016 DAILY INVESTMENT UPDATE United States United States Europe Hong Kong US stocks rose modestly on Tuesday, European shares advanced on Chinese stocks were down modestly as gains in the tech sector helped Tuesday, with housebuilders leading at the lunch break on Wednesday buoy the Nasdaq to a record intraday the market higher and mining with the blue-chip CSI 300 index high and solid housing market data companies rebounding from their edging down marginally, dragged by provided more evidence the economy declines the day before. Britain's financial shares amid receding may be picking up momentum. The second-largest housebuilder, expectations of further aggressive Dow rose 0.1%, the S&P 500 gained Persimmon, rose 4.2% after reporting monetary easing. The CSI300 index, 0.2% and the Nasdaq added 0.3%. its reservation rate had risen an which tracks the largest listed annual 17% since the start of July. companies trading in Shanghai and Shenzhen, fell 0.1%. Local Local Japan News that President Jacob Zuma Japan's Nikkei rose on Wednesday appears to be attempting to oust with a pause in the yen's rise lifting Pravin Gordhan as finance minister cyclical stocks, although caution sent the rand plummeting 3% to before Federal Reserve Chair Janet R14/$ after the JSE closed on Yellen's appearance at a central Tuesday. This was the rand’s bankers' meeting later in the week sharpest decline since 10 December limited the gains. The Nikkei closed when the currency fell 3.5% when 0.6%. Zuma suddenly replaced Nhlanhla Nene with Des van Rooyen as finance minister for reasons which have never been explained. Rand Precious Metals Oil News that President Jacob Zuma appears Gold was trading in a narrow range on Oil prices fell on Wednesday as an to be attempting to oust Pravin Gordhan Wednesday as investors waited for clues unexpected build in US crude inventories as finance minister sent the rand on whether the Fed would hike interest weighed on markets, along with concerns plummeting 3% to R14/$ after the JSE rates this year. Spot gold was flat at that Chinese crude demand could falter closed on Tuesday. This was the rand’s $1 337.30 an ounce. as Beijing clamps down on alleged tax sharpest decline since 10 December evasion in the oil industry. International when the currency fell 3.5% when Zuma Brent crude oil futures were trading at suddenly replaced Nhlanhla Nene with $49.32 a barrel. Des van Rooyen as finance minister for reasons which have never been explained. AUGUST 2016 2016 2015 2015 Economic Calendar Local International ZA: Core Inflation Rate JUL Japan: Leading Economic Index Final JUN ZA: Inflation Rate JUL US: MBA Mortgage Applications Source: Reuters, Business Day, Trading Economics Daily Indicators Local Markets (R) Index Current Level 1 Day Move 1 Week Move 3 Month Move 6 Month Move 1 Year Move ALSI 52,957.80 0.24 1.14 1.05 11.02 11.23 Gold Mining 2,478.85 -1.52 -5.55 18.98 36.60 144.06 Basic Minerals 22,551.79 1.52 -0.08 2.87 20.83 13.27 Industrials 78,374.78 -0.05 2.07 -0.32 8.48 13.76 Financials 42,003.86 -0.04 -0.25 3.30 10.27 1.82 Financials & Industrials 7,812.32 -0.05 1.43 0.64 8.97 10.57 International Markets (Base currency) Index Current Level 1 Day Move 1 Week Move 3 Month Move 6 Month Move 1 Year Move Dow Jones (USD) 18,547.30 0.10 0.11 6.74 14.41 15.74 S&P 500 (USD) 2,186.90 0.20 0.45 7.36 15.08 13.44 NASDAQ (USD) 5,260.08 0.30 0.65 10.71 17.55 13.18 FT-100 (GBP) 6,868.51 0.59 -0.26 13.24 18.20 15.51 Hang Seng (HKD) 22,998.93 0.04 0.44 18.25 22.09 6.89 Nikkei 225 (JPY) 16,497.36 -0.61 -0.60 -0.76 3.81 -13.50 Paris CAC (EUR) 4,421.45 0.72 -0.87 2.98 6.62 -1.96 Frankfurt (EUR) 10,592.88 0.94 -0.78 7.63 12.49 4.63 Other Markets Index Current Level 1 Day Move 1 Week Move 3 Month Move 6 Month Move 1 Year Move Gold ($) 1,338.50 0.31 -0.79 7.05 9.83 16.46 Platinum ($) 1,107.00 -0.72 -1.42 8.64 19.42 7.89 Brent Oil ($) 49.96 1.63 1.48 3.33 50.17 9.90 Rand/USD 14.03 -4.07 -4.42 10.39 9.81 -6.55 Rand/GBP 18.44 -4.16 -5.46 19.89 15.09 11.09 Rand/EUR 15.84 -3.67 -4.66 9.47 7.95 -3.97 ALBI (R) 535.07 -0.57 -0.11 9.46 10.25 8.20 **Some data may be delayed, the above table reflects the latest available information from Morningstar. *Please note performance reported during the first week of each month may be impacted by distributions. Distributions are fully accounted for by the second week of each month PSG Wealth Equity Portfolios Portfolio 1 Month Move 3 Month Move 6 Month Move 1 Year Move Since Inception PSG Wealth SA Equity Portfolio 1.54 3.23 13.73 N/A 10.89 PSG Wealth Offshore Equity Portfolio (USD) 0.89 4.93 11.63 N/A 8.99 PSG Wealth SA Property Equity Portfolio 0.60 -3.23 2.07 N/A -3.80 PSG Wealth SA Dividend Income Equity Portfolio 1.83 5.89 N/A N/A -1.48 * Portfolio performance is reported net of management fees of 1.71% pa (local) and 2.28% pa (offshore) * PSG Wealth SA and Offshore Equity Portfolio Inception date: 30 August 2015 * PSG Wealth SA Listed Property Portfolio Inception date: 1 December 2015 * PSG Wealth Dividend Income Equity Portfolio Inception date: 29 April 2016 * PSG Wealth Funds are exclusively available through registered PSG planners and/or advisors AUGUST 2016 Local funds Performance data on local funds* is shown up to the last market close minus 1 day. PSG Wealth Solutions Fund 6 Month Move 1 Year Move 2 Year Move 3 Year Move 4 Year Move 5 Year Move PSG Wealth Enhanced Interest D 3.98 7.67 7.12 6.64 6.36 - PSG Wealth Income FoF D 5.46 8.73 8.41 8.24 7.69 8.06 PSG Wealth Preserver FoF D 5.28 8.64 8.61 9.75 10.89 11.90 PSG Wealth Moderate FoF D 7.08 8.90 8.04 10.66 13.19 14.69 PSG Wealth Creator FoF D 11.39 8.53 4.28 10.13 13.55 15.35 PSG Wealth Global Moderate FF D -2.46 5.24 10.22 12.50 19.26 19.57 PSG Wealth Global Creator FF D 0.21 7.80 15.04 16.70 - - **Some data may be delayed, the above table reflects the latest available information. *Please note performance reported during the first week of each month may be impacted by distributions. Distributions are fully accounted for by the second week of each month PSG Asset Management Fund 6 Month Move 1 Year Move 2 Year Move 3 Year Move 4 Year Move 5 Year Move PSG Money Market A 3.55 6.95 6.65 6.22 5.92 5.82 PSG Income A 4.45 8.02 7.26 6.88 6.28 - PSG Diversified Income 4.59 8.59 7.87 7.69 8.06 8.01 PSG Stable A 6.02 8.69 8.19 8.28 9.82 - PSG Balanced A 7.91 8.84 8.92 11.00 13.52 14.32 PSG Flexible 10.21 10.88 10.19 12.95 16.29 16.55 PSG SA Equity D 18.46 5.37 3.20 - - - PSG Equity A 13.97 6.64 4.53 11.52 16.53 17.47 PSG Global Flexible FF A 1.29 6.41 9.34 11.31 - - PSG Global Equity FF A 3.30 5.49 6.99 10.93 17.36 17.90 **Some data may be delayed, the above table reflects the latest available information. *Please note performance reported during the first week of each month may be impacted by distributions. Distributions are fully accounted for by the second week of each month PSG Wealth Solutions: 1 Year Move PSG Asset Management funds: 1 Year Move 12.00 12.00 10.00 10.00 8.00 8.00 6.00 6.00 4.00 4.00 2.00 2.00 0.00 0.00 A FF A Income FF A PSG Flexible FoF D FoF D PSG Equity A PSG Stable A PSG Wealth PSG Wealth PSG Income A PSG Diversified Creator FF D PSG Balanced A Moderate FoF D Preserver FoF D PSG Wealth Moderate FF D PSG SA Equity D PSG Global Equity PSG Wealth Global PSG Wealth Global PSG Money Market PSG Global Flexible PSG Wealth Income PSG Wealth Creator Enhanced Interest D Offshore funds Performance data on offshore funds* is shown up to the last market close minus 1 day PSG Wealth Solutions ($) Fund 6 Month Move 1 Year Move 2 Year Move 3 Year Move 4 Year Move 5 Year Move PSG Wealth Global Moderate FoF D 9.03 1.34 -2.06 1.86 4.65 - PSG Wealth Global Creator FoF D 12.23 4.37 2.21 6.58 - - **Some data may be delayed, the above table reflects the latest available information.