The investment performance is for illustrative purposes only, and it is calculated by taking the actual initial fees and all ongoing fees into account for the amount shown and income is reinvested on the reinvestment date. Past performance is not indicative of future performance.
Sanlam Collective Investments (RF) (Pty) Ltd “SCI”, a registered and approved Manager in Collective Investment Schemes in Securities. Collective investment schemes are generally medium- to long-term investments. Past performance is not necessarily a guide to future performance, and that the value of investments / units / unit trusts may go down as well as up. A schedule of fees and charges and maximum commissions is available from the Manager on request. Collective investments are traded at ruling prices and can engage in borrowing and scrip lending. The Manager does not provide any guarantee either with respect to the capital or the return of a portfolio. SCI retains full legal responsibility for the third party portfolio. The Manager has the right to close the portfolio to new investors in order to manage it more efficiently in accordance with its mandate. An annualised return is the weighted average compound growth rate over the period measured. Performance is based on NAV to NAV calculations with income reinvestments done on the ex-div date. Performance is calculated for the portfolio and the individual investor performance may differ as a result of initial fees, actual investment date, date of reinvestment and dividend withholding tax.
This fund takes both long and short positions in a multi-asset framework. It is however equity-centric and as such will be biased toward equity exposure over time. The mandate does allow for exposure to competing asset classes should they offer a compelling alternative to equity. Leverage is employed. The fund is open to both retail and institutional investors.
Active asset allocation and stock selection are employed to construct a predominantly equity-centric portfolio. Long and short equity exposures are established based on the firm’s proprietary stock selection process. Construction is driven solely by the investment philosophy and process of the firm; exposures are agnostic of any benchmark. The fund is fully exposed to the characteristic volatility of equity returns and is therefore suitable to investors that have both a long-term investment horizon, and the ability and willingness to weather volatile returns. The leverage employed can increase the volatility of returns above that of a long-only equity fund.
The annual management fee is 1.5% with a 20% performance fee above benchmark returns. The high watermark principle applies. Other classes available.