Our equity funds aim to be fully invested in South African equities on a consistent basis and are positioned in our best ideas, based on our investment team’s proven bottom-up stock-picking process.
Managed Equity Funds (performance-focused)
Our Managed Equity funds aim to maximise outperformance of their respective benchmarks consistently over the long term and do not have explicit risk constraints.
Core Equity Fund (risk-controlled)
Our Core Equity fund operates within specific risk constraints, which are normally expressed in terms of a maximum permitted tracking error. Operating within these constraints, the Core Equity fund aims to maximise outperformance of its benchmark.
While both of these funds draw on our bottom-up research process, they differ in terms of portfolio construction and management.