INTRODUCTION Marilize Lansdell CEO PSG Wealth

In this edition, Adriaan Pask, our Chief Investment Officer, explains why global equities are our preferred asset class for long-term investing. Lizé Visser, Executive Director of Sales and Client-centricity, provides an overview of the different product wrappers in which you can combine your share investments. Shaun van den Berg, Head of Client Education, goes back to the basics by setting out the key principles of building a share portfolio, while guest author Grant Meintjes explains the benefits of using the platform to trade online. Willie Fourie, Head of Estate and Trust Services, discusses the importance of having a will and ensuring it is up to date.

Welcome to the latest edition of The Wealth Perspective With an end to local and global volatility nowhere in sight, it is more important than ever to make smart investment decisions to continue to grow your wealth. That is why this edition of our newsletter has a general theme of local and offshore securities, whether they are used as stand-alone investments or within our suite of product wrappers.

We are pleased to say that both the local and offshore tax seasons are behind us A major challenge that the industry faced during tax season was the treatment of dual-listed shares. This year we produced offshore tax certificates for the first time. This means our clients didn’t have to use a collection of their past monthly statements to complete their tax returns, saving them time and effort.

Global equities – why we prefer this asset class Although global equities are trading at a premium, this asset class remains the most attractive asset class for long-term investors. The underlying valuations are still less stressed than most of the other asset classes and there are many quality individual firms to choose from. Adriaan Pask uncovers the art and science of making appropriate investment decisions when investing in global equities.

needs. We have also invested in and embraced technology to digitise our offering in the form of the new platform. The platform gives you access to a wide range of local and international investments and various tools to facilitate your decision-making. Grant Meintjes discusses the benefits and tools in detail in his article. Before you start building a share portfolio it is important to have a solid foundation. Shaun van den Berg shares a set of basic investment principles to help you establish and maintain this foundation – especially in these volatile times. Using these principles to guide your decisions can improve your long-term outcome and help you avoid unnecessary losses.

The myPSG app offers a convenient way to help you manage your wealth Our app provides a range of functionality and is available to all PSG clients. 1. It provides a dashboard view of your position on all PSG products, providing you with a holistic view of your investment portfolio. 2. You can generate customised financial reports for investment planning, life and risk planning, and it provides access to tools such as a net tax calculator, gross tax calculator, maturity calculator and risk profiler. 3. The myPSG app also provides a handy way to stay on top of recent investment commentary and direct links to news feeds.

Our online trading platform helps you access the benefits of share investing

If you don’t have the myPSG app yet, please click iTunes or Google Play store to download it.

Lizé Visser explains the different ways to access equities by providing an overview of the available product wrappers and how these meet different medium- to long-term investment

We hope you enjoy the read Please share your feedback – we always look forward to hearing from you.

THIRD QUARTER 2016