Rezco Prudential C

The fund seeks to outperform its benchmark, the Weighted Average Return of the Domestic Asset Allocation Prudential Variable Equity Sector as calculated by I-net, and also to achieve this outperformance with less variation in returns through the market cycle. The objective of capital growth and simultaneous risk management necessitates the flexible nature of the fund; i.e. when the risk profile of the market changes the level of equity exposure will be adjusted. The fund's investment selection would be achieved through buying investments trading below their intrinsic long term worth. In order to achieve the portfolio’s investment objectives, the securities to be acquired for the fund will consist of a spectrum of investments in equities, listed gilts, interest bearing securities, money market instruments and property markets. The effective total equity exposure (including international equity) must be between 0% and 75% at all times.

Key stats

Management firm  Rezco Collective Investments
Domicile  South Africa
Global Branding Name  Rezco Collective Investments
Fund currency  ZAR
Net Assets Date  2014-07-31
Net Assets  R402,738,776
Launch Date  2013-03-01
ISIN  ZAE000176202
Manager 1 Name  Wally Gray
Manager 2 Name  Rob Spanjaard
Fund Strategy  ZAR/NAD Moderate Allocation
Benchmark  ASISA SA MA High Equity - Sector Average
Fund Structure  Unit Trust
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-07-31
Return - 1 Month  0.80%
Return - 2 Months  1.95 %
Return - 3 Months  4.25%
Return - 6 Months  8.71 %
Return - 9 months  10.16 %
Return - 12 Months  16.06%
Annualized return 24 months  0.00 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  21.10%
Return YTD  7.35%

Charges

Initial  0.00 %
Maximum Managment Charge  0.74 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  175 Cape Road, Mill Park
Contact Address 2  6001
Contact Address 3  PO Box 327, Muldersdrift
Contact city  Port Elizabeths
Contact country  South Africa
Fund Admin Group  Rezco Collective Investments
Web Address  www.rezco.co.za
Email contact  wgray@rezco.co.za
Phone  +27 (0)41 373 0905

Price

Last Price Date  2014-08-21
Pre-tax nav  13.01
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  R0.03
Price change (percentage)  0.25 %
Guaranteed NAV  0.00000
Close Price  0.00

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Ratings Disclaimer

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