Through a conservative approach the fund seeks to provide capital stability by investing in a broad range of securities including a mix of equities, bonds, listed gilts, interest bearing securities, money market instruments and property markets. The total equity exposure (including international equity) will be between 0% and 40%.
The Rezco Stable Fund is suitable for:
- conservative investors requiring a high level of capital protection, with the potential for capital growth through a low exposure to equity markets, and who do not wish to make complex asset allocation decisions between equities, cash and bonds, both locally and offshore.
- investors who seek diversification across all asset classes and a maximum equity exposure of 40% helps to reduce risk and volatility.
|3 Months||Since Inception|
|Rezco Stable A||3.1||9.8|
|ASISA South African MA Low Equity||3.7||13.5|
|Source: Morningstar as at 30 September 2017|
Fund was only launched in May 2015. Risk numbers will be made available in a few months’ time.
|Benchmark||Inflation + 3%|
|Peer Group||ASISA South African – Mult-Asset – Low Equity|
|Management Fee||1.00% per year (Unit Class A)
0.50% per year (Unit Class C)
*availability of the above classes is subject to investor type and size, and at the discretion of Rezco Asset Management.
|Performance Fee||a participation rate of 10% in the out-performance above the benchmark up to max of 1%. Calculated on a rolling 1 year basis and only paid when rolling 1 year returns are positive.|