REZCO MANAGED PLUS FUND

ASISA South African – Multi-Asset – High Equity

Launch Date
August 2010

 

Regulation 28

Yes

Benchmark
ASISA South African Multi-Asset High Equity Weighted Average
Risk Rating
Moderate-Aggressive

The Fund’s primary objective is to create long-term wealth for investors, while at the same time to reduce the amount of risk. This is to be achieved within the constraints governing portfolios that can be included in retirement vehicles. The equity weighting in the Fund may not exceed 75%, while exposure to foreign assets (excluding Africa) is limited to 30%. The Fund invests in a combination of investment securities, such as: shares, listed property, commodities, bonds and money market instruments.

The Fund’s benchmark is the weighted average of the ASISA Multi-Asset High Equity category.

The Fund aims to achieve returns well in excess of inflation, measured over 3 – 5 year periods (CPI + 7%). The Manager does not make any guarantees concerning the capital or return of the Fund.

INVESTOR PROFILE

The Fund is suitable for investors who:

  • want to preserve the purchasing power of their capital over the long term
  • look to achieve long-term capital growth
  • seek exposure to the earnings potential of equities, while taking advantage of the Fund’s multi-asset mandate

REZCO CHART

Rezco Managed Plus Fund

PERFORMANCE

1 Year 3 Years Ann. 5 Years Ann. Since Inception Ann.
Rezco Managed Plus A 16.6 8.4 5.7 10.4
FTSE/JSE All Share -3.3 5.1 4.2 10.6
ASISA SA MA High Equity 0.5 3.6 3.5 8.0

Source: Morningstar as at 31 May 2020

RISK

SINCE INCEPTION Std Dev Sortino Ratio Max Drawdown Worst Month Down Capture Ratio
Rezco Managed Plus A 7.6 0.8 -9.7 -5.1 20.5
FTSE/JSE All Share 13.2 0.6 -21.7 -12.1 100.0

Source: Morningstar as at 31 May 2020

PEERS

ASISA South African Multi-Asset High Equity Sector. The fund compares well with moderate balanced funds with long-term average of 60% – 68% equity allocation.

BENCHMARK

Benchmark Average for the ASISA SA MA High Equity category portfolios as calculated by Plexus
Inflation Target Inflation + 7%

FEES

Initial Fee None
Management Fee 1.25% per year (Unit Class A)
0.75% per year (Unit Class B)
0.65% 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 0.125% for every 1% out performance against the Average for the ASISA SA MA High Equity category portfolios as calculated by Plexus up to a maximum of 1.25% per year and only when there is an absolute return.

REGULATION 28

This fund is compliant with Regulation 28 of the Pension Funds Act and therefore suitable for retirement funds. We issue quarterly Regulation 28 compliance certificates and perform daily Regulation 28 compliance checks on the portfolio.

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 – General

EQUITY FUND

LAUNCH DATE: March 2014
SECTOR: ASISA South African – Equity – General
RISK RATING: Aggressive

Global – Multi-Asset – Flexible

GLOBAL FLEXIBLE FEEDER

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