REZCO VALUE TREND FUND

ASISA South African – Multi-Asset – High Equity

Launch Date
September 2004
Regulation 28

Yes

Benchmark
FTSE/JSE All Share Index
Risk Rating
Moderate

The Fund is a multiple award winning fund and has achieved exceptional returns over the long term, while displaying substantially lower volatility than the market. The Fund can invest in a variety of asset classes, such as: shares, listed property, commodities, bonds and money market instruments.

The Fund aims to outperform the South African equity market over the long term, without taking on greater risk. By preserving capital during bear markets and creating wealth during bull markets, the Fund delivers good returns throughout the cycle with lower volatility. The Fund’s benchmark is the FTSE/JSE All Share Index (J203).

The Fund aims to achieve returns well in excess of inflation, measured over 3 – 5 year periods (CPI + 5%). 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 Value Trend Fund

PERFORMANCE

1 Year 3 Years Ann. 5 Years Ann. 10 Years Ann. Since Inception Ann.
Rezco Value Trend A 14.3 7.0 5.6 12.0 15.1
FTSE/JSE All Share 7.1 5.3 5.0 11.0 13.2
ASISA SA MA High Equity 8.5 4.8 4.6 8.5 12.8

Source: Morningstar as at 31 January 2020

RISK

SINCE INCEPTION Std Dev Sortino Ratio Max Drawdown Worst Month Down Capture Ratio
Rezco Value Trend A 9.1 1.5 -10.1 -7.4 24.0
FTSE/JSE All Share 14.6 0.8 -40.4 -13.2 100.0

Source: Morningstar as at 31 January 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

The fund aims to outperform the South African equity market over the long term, without taking on greater risk. By preserving capital and creating wealth the fund delivers good returns across the cycle with low volatility. The fund’s benchmark is the FTSE/JSE All Share Index (J203).

The fund is expected to achieve returns well in excess of inflation measured over three to five year periods (SA Inflation + 5%).

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 0.075% for every 1% out performance against the JSE All Share Index up to a maximum of 0.75% 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

STABLE FUND

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

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