60 The PSG Diversified Income Fund has been recognized with both a Raging Bull Certificate and Award for its exceptional performance in the South African financial landscape. The fund received the prestigious Raging Bull Certificate for being the Best South African Multi-Asset Income Fund for Straight Performance over Three Years until December 31, 2023. Additionally, it was honored with the Raging Bull Award for being the Best South African Interest-Bearing Fund for Straight Performance over the same three-year period. This marks the second consecutive year that the PSG Diversified Income Fund has received the award for Best South African Interest-Bearing Fund. Launched in September 2013, the fund caters to investors seeking a reliable income stream above inflation without compromising on capital security. Over the three years leading up to the end of last year, the fund delivered an annualized net return of 9.10%, surpassing the average Consumer Price Index (CPI) inflation rate by over 3%. Its benchmark is set at CPI+1%. In an interview with Personal Finance, the fund’s management team comprising Lyle Sankar, Ané Craig, and John Gilchrist shared insights into their successful management strategies. You Might Be Interested In Cameroon’s Power Firm Struggles with Debts as Investor Actis Prepares to Exit M&T Bank Corp Reduces Stake in Jabil Inc India’s Growing Affluence Fuels Surge in Consumer Spending, Driving Shift Towards a Consumption-Focused Economy Higher revenues boost Oman’s budget surplus to RO581mn Farmers attribute Jordan’s ‘alarming’ food waste to weak supply chain management Sharp decline in number of low-wage Omani workers
