RECM Equity C

The objective of the portfolio is to seek long-term capital growth with an acceptable level of risk to the more aggressive investor. Investments included will, apart from assets in liquid form, consist of a flexible combination of investments in the equity, bond, money and property markets. The portfolio may also invest in financial instruments subject to statutory investment limitations. The manager may also include participatory interests or any other form of participation in portfolios of collective investment schemes or other similar collective investment schemes as the Act may allow from time to time. The Manager will be permitted to invest on behalf of the RECM Equity Fund in offshore investments as legislation permits. The intention is for the portfolio to be fully invested in equity when appropriate while retaining the flexibility to invest in other asset classes in order to take advantage of changing market conditions.

Key stats

Management firm  RECM Collective Investments
Domicile  South Africa
Global Branding Name  RE:CM
Fund currency  ZAR
Launch Date  2006-09-01
ISIN  ZAE000141776
Manager 1 Name  Daniel Malan
Manager 2 Name  Wihelm Hertzog
Fund Strategy  South Africa & Namibia Equity
Benchmark  FTSE/JSE All Share TR ZAR
Fund Structure  Unit Trust
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-09-30
Return - 1 Month  -5.11%
Return - 2 Months  -7.85 %
Return - 3 Months  -5.90%
Return - 6 Months  -4.17 %
Return - 9 months  0.00 %
Return - 12 Months  0.00%
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  -1.58%
Return YTD  0.00%

Charges

Initial  0.00 %
Minimum Investment  R150,000
Maximum Managment Charge  0.00 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  8th Floor, Claremont Central, 8 Vineyard Road, Claremont
Contact city  Cape Town
Contact country  South Africa
Fund Admin Group  RECM Collective Investments
Web Address  www.recm.co.za
Email contact  info@recm.co.za
Phone  +27 (0)21 657 3440

Price

Last Price Date  2014-10-17
Pre-tax nav  24.65
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  R0.36
Price change (percentage)  1.48 %
Guaranteed NAV  0.00000
Close Price  0.00

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Ratings Disclaimer

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