Rezco Value Trend Fund

Fund Objectives

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 funds's benchmark is the FTSE/JSE All Share Index (J203).

Investment Strategy

Aims to achieve the twin objectives of absolute return and out-performance of the All Share Index (J203) in both bull & bear markets. The fund may be invested in equities, cash & bonds. The funds may be invested Nil to 100% in equities & may hold up to 30% in foreign assets.

Investment Performance

Annual Return and Maximum Drawdown Figures Updated: 01 Jan 1900
2 years 3 years 5 years 7 years 10 years Maximum Drawdown
2.74% 0.74% 5.96% n/a n/a -9.87%

Fund and Adviser Fees

Adviser Fees Administration Fees Management Fees
Upfront Annual Standard Manager Discount Effective Annual Fee Total Expense Ratio (TER)
0.00% 0.50% not available not available not available 0.93%

All fees shown exclude VAT. Data provided by Morningstar and Allan Gray / Investec.

What are adviser fees?

Adviser fees are paid to Beanstalk. We do not charge an upfront fee and our annual fee is very low at just 0.50% (+ VAT where applicable).

What are administration fees?

Annual administration fees are charged by Allan Gray Investment Services Proprietary Limited or Investec Management Services (Pty) Ltd for ongoing administation. The fee applicable to your investment depends on the unit trusts you have selected and the value of your investment. A negative annual administration fee means you will pay no annual administration fee and will receive additional units into your account.

What are management fees?

The annual fee for C class consists of a fixed portion at 0.74% p.a. (incl. VAT) and a variable portion which relates to the Fund's outperformance of the benchmark (the JSE All Share Index). The performance fee is calculated over a rolling 12 month period. It is accrued at 0.075% for each 1% outperformance of the benchmark, up to a maximum of 0.86% (incl VAT) when the Fund outperforms the benchmark by 10%. The minimum fee is therefore 0.74% p.a. (incl. VAT) and the maximum fee is 1.60% p.a. (incl. VAT). The variable portion of the fee is subjected to a high watermark

Management fees are expenses included in the price of your selected unit trust(s). These expenses are not charged as separate fees, but are built into the unit price of the unit trusts you select. The fees shown include VAT where applicable. Values are calculated using more decimal places than are displayed.

Fund Positioning

This fund is suitable for aggressive investments.

Fund Asset Allocation

Asset allocation as of
30 Sep 2018

Tools

Disclaimer

Please note that while every effort is taken to ensure the accuracy of this information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the fund information presented on this page. All data is provided by Morningstar, Allan Gray and Investec.