It is with pleasure that Rezco can report another year of excellent progress, growth and solid returns.
Assets under management grew substantially and we sincerely thank all our investors for entrusting the care of their capital to us.
The investment returns for the 12 months ending 31 August 2015 were solid. The good performance has continued since then, and the Rezco unit trusts are well positioned with significant percentages of high quality defensive assets, and diversified equity holdings.
Rezco offers investors a clear, focussed range of unit Trusts to choose from, ranging from our long established Rezco Value Trend Fund, to Rezco Managed Plus (formerly named Rezco Prudential Fund), Rezco Equity Fund, Rezco Stable Fund, and the Rezco Global Fund, which we launched in August 2015.
The Rezco Global Fund was approved by the Financial Services authority in Luxembourg, with our Relationship Bank being Credit Suisse, Luxembourg S.A. and the Custodian is Credit Suisse, Luxembourg S. A.
This Fund is denominated in US Dollars and invests directly into investments listed on overseas stock exchanges. Investors who already have approved funds offshore are able to invest directly into the Rezco Global Fund.
For investors with funds in South Africa, the Rezco Global Fund will only become available via a Rezco Global Feeder Fund once we have obtained the required approval from the South African Financial Services Board.
More information is available here: Rezco Asset Management – Annual investor communication 2015