REZCO EQUITY FUND

ASISA South African – Equity – General

Launch Date
March 2014
Regulation 28

No

Benchmark
FTSE/JSE All Share Index
Risk Rating
Aggressive

The Fund’s emphasis is on active stock selection and targets a 95% (minimum 90%) investment in South African growth assets.

The mandate is not restricted to any specific investment style. The investment strategy is underpinned by extensive quantitative and qualitative research. Our focus is predominantly on individual stock selection. However, macro-economic considerations such as interest rates and the performance of the South African Rand also play an integral part in constructing the Fund. The Fund’s benchmark is the FTSE/JSE All Share Index (J203).

The Fund aims to provide investors with capital growth over the long term, and to achieve returns in excess of the FTSE/JSE All Share Index (J203), measured over 3 – 5 year periods. The Manager does not make any guarantees concerning the capital or return of the Fund.

INVESTOR PROFILE

The Fund is suitable for investors who:

  • have a high risk profile with a long-term investment horizon
  • seek full exposure to the South African equity market
  • want to preserve the purchasing power of their capital over the long term

REZCO CHART

Rezco Equity Fund

PERFORMANCE

1 Year 3 Years Ann. 5 Years Ann. Since Inception Ann.
Rezco Equity A 7.9 6.9 4.7 6.6
FTSE/JSE All Share -3.3 5.1 4.2 5.3
ASISA SA Equity General -7.5 0.4 0.3 1.9

Source: Morningstar as at 31 May 2020

RISK

SINCE INCEPTION Std Dev Sortino Ratio Max Drawdown Worst Month Down Capture Ratio
Rezco Equity A 10.9 0.0 -17.0 -9.2 52.3
FTSE/JSE All Share 13.7 -0.1 -21.7 -12.1 100.0

Source: Morningstar as at 31 May 2020

PEERS

ASISA South African General Equity Sector.

BENCHMARK

To provide investors with capital growth over the long-term. The objective is to achieve returns well in excess of the FTSE/JSE All Share index, measured over three to five year periods.

FEES

Initial Fee None
Management Fee Direct Investors: 0.65% per year (Unit Class A)
Through Investment Platforms:  0.40% per year (Unit Class C)
Performance Fee 10% performance fee participation in the out-performance over a rolling one year period, up to a max of 1%. The performance fee is earned when the fund outperforms its Benchmark, which is the JSE All Share Index.

REGULATION 28

This fund is not compliant with Regulation 28 of the Pension Funds Act.

OTHER FUNDS

South African – Multi-Asset – High Equity

VALUE TREND FUND

LAUNCH DATE: September 2004
SECTOR: ASISA South African – Multi-Asset – High Equity
RISK RATING: Moderate

South African – Multi-Asset – Low Equity

STABLE FUND

LAUNCH DATE: May 2015
SECTOR: ASISA South African – Multi-Asset – Low Equity
RISK RATING: Low

South African – Equity – High Equity

MANAGED PLUS FUND

LAUNCH DATE: August 2010
SECTOR: ASISA South African – Equity – High Equity
RISK RATING: Moderate-Aggressive

Global – Multi-Asset – Flexible

GLOBAL FLEXIBLE FEEDER

LAUNCH DATE: June 2018
SECTOR: ASISA Global – Multi-Asset – Flexible
RISK RATING: Moderate-Aggressive