Progressive Smooth Bonus Fund

The Progressive Smooth Bonus Fund is a low risk multi-managed, multi-asset class portfolio where volatile investment returns are smoothed by way of monthly bonus declarations, thereby lessening the roller-coaster ride that investors in market-linked portfolios might experience. These monthly bonuses are designed to grow members’ retirement savings in a smooth and stable manner and limit downside risk. Over and above the benefit of smoothing, the portfolio provides exposure to skilled and experienced black investment managers.