The Bateleur SA Flexible Prescient Fund (“the Fund”) aims to generate returns in excess of inflation over the medium to longer term, whilst placing a high premium on protecting investor capital. In selecting securities for the Fund, the manager will follow an investment policy which will aim to achieve long term capital growth in real terms. The Fund may invest in a mix of assets such as equities, bonds, property stocks and cash. Asset allocation will vary depending on the fund manager’s view on capital markets. The Fund is not permitted to invest in offshore jurisdictions.

A flexible asset allocation fund formed under the Collective Investment Schemes Control Act, 2002. The investment style is asset allocation, with a bias towards equities (which is the manager’s core area of expertise). The fund’s mandate is to invest in an appropriate combination of securities including listed equities, listed bonds, listed property and cash. The investment objective is to generate returns in excess of inflation over the medium to long term, whilst placing a premium on protecting investor capital. The fund was started in July 2010.

An actively managed South African general equity fund formed under the Collective Investment Schemes Control Act, 2002. The fund’s mandate is to invest in listed equities on the JSE that the portfolio manager deems to be undervalued relative to the JSE Capped Shareholder Weighted Index (CAPI). The investment objective is to generate a return in excess of CAPI over the medium to long term. The fund was started in 2012.