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The fund, which currently has assets under management in excess of USD 250 million (as of 31 January 2021), has been designed for investors seeking long-term capital growth through a diversified portfolio of global equities and equity-related securities.

PPS Multi-Managers launched the retail share class of the PPS Global Equity Fund on 31 January 2020, and the fund delivered annualised performance, net of fees of 31.37% (USD) over the first one-year period to 31 January 2021. During the same period, the fund's benchmark, the MSCI All Country World Index (ACWI) produced a total return of 17.59%. The retail share class therefore outperformed its benchmark by 13.78%, a considerable achievement amidst the COVID-19 effects experienced in the markets for most of 2020.

"We are pleased with the strong performance over the last year driven by good stock selection with positive relative returns generated across all five regions, and in 10 of the 11 sectors. This also speaks to the diversified nature of the portfolio, providing protection during the market sell-off in March, as well as capturing the upside in the strong market recovery over the remainder of the year", says Andriette Theron, Head of Research at PPS Investments.

"The PPS Global Equity Fund is managed by Capital Group, which was identified and selected through our vigorous investment management research process. As one of the largest global investment managers in the world, Capital Group has managed money since 1931 - through recessions, depressions and a world war. With their global in-house research team, they offer a unique perspective and view on the global marketplace. Through Prescient Global Funds ICAV, we are able to provide our members and investors with the ability to diversify their investments offshore and access this manager via the fund" says Anil Thakersee, Executive of Business Development at PPS Investments.