REZCO STABLE FUND

ASISA South African – Multi-Asset – Low Equity

Launch Date
May 2015
Regulation 28

Yes

Benchmark
CPI + 3%
Risk Rating
Low

Through a conservative approach, the Fund seeks to provide capital stability by investing in a broad range of securities, including: shares, listed property, commodities, bonds, interest-bearing securities and money market instruments. The total equity exposure (including international equity) will be between 0% and 40%.

The Fund’s benchmark is CPI + 3%.

The Fund aims to achieve returns well in excess of inflation, measured over 3 – 5 year periods (CPI + 3%). 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
  • seek exposure to the earnings potential of equities, while taking advantage of the Fund’s multi-asset mandate

REZCO CHART

Rezco Stable Fund

PERFORMANCE

1 Year 3 Years Ann. 5 Years Ann. Since Inception Ann.
Rezco Stable A 16.6 9.3 6.7 6.8
ASISA South African MA Low Equity 4.5 4.9 5.2 4.9

Source: Morningstar as at 31 July 2020

RISK

SINCE INCEPTION Std Dev Sortino Ratio Max Drawdown Worst Month Down Capture Ratio
Rezco Stable A 6.0 0.0 -6.1 -3.8 4.2

Source: Morningstar as at 31 July 2020

PEERS

ASISA South African Multi-Asset Low Equity Sector.

BENCHMARK

Benchmark Inflation + 3%
Peer Group ASISA South African – Mult-Asset – Low Equity

FEES

Initial Fee None
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.

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 – High Equity

MANAGED PLUS FUND

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

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