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Rezco Global Flexible Fund (USD)
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Ranking
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Sector:
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Global-Asset Allocation-Flexible |
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Size:
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(USD) 64 016 519 |
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Sector Rank:
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30 out of 93 |
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(lump sum over 3 years to 30 Nov 2024)
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Overall Rank:
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168 out of 485 |
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(lump sum over 3 years to 30 Nov 2024)
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| R20000 invested on 30 Nov 2021 was worth R25 248 at 30 Nov 2024 |
(8.08% annual compound return)
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| R5000 per month since 30 Nov 2021 was worth R194 219 at 30 Nov 2024 |
(4.88% annual return compounded monthly)
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| Please note that offshore fund performance figures are calculated from NAV prices (ie, equivalent to sell-to-sell) and therefore not directly comparable to domestic fund performance figures on this site. |
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Management
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| Rob Spanjaard, BCom, CTA |
| Rob is the CEO and Chief Investment Officer of Rezco Asset Management, a position that he has held since 2004. Since then, Rezco has achieved a market-leading investment track record and won seven best fund awards in major categories.
Rob graduated from UCT with a B.Com and CTA , and won the national Financial Mail reader stock picking competition as a student before passing the Chartered Accountants Board Exam. He then worked as a portfolio manager for Momentum Life. Rob left to co-lead a private equity deal that involved purchasing the assets of a bankrupt company. As CEO, Rob grew the turnover and profits by a compound 25% per annum for 15 years. When Rob and his consortium exited in 2005, Sovereign Foods was the most profitable South African company in its industry.
Rob's lifelong fascination with markets and investing has refined investing principals that he has infused into the Rezco team, to create a culture of innovative investment thinking.
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| Simon Sylvester, BBus Science (Hons), CFA, CIPM |
| Simon worked previously in roles at Deutsche Bank (London), Cogito Capital and Discovery Invest. Simon qualified from UKZN with a B.Bus Sci (Finance Honours), and holds the CFA and CIPM designations.
Simon, as Head of Research, has a keen interest in how to incorporate new technologies with behavioural finance and traditional investing to build a highly focused, alpha generating research capacity at Rezco. As Co-Portfolio Manager, Simon works closely with Rob in order to generate exceptional risk-adjusted returns for Rezco’s clients. Simon has filled these roles at Rezco since the end of 2017.
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Focus and Objective
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Our investment style is that of Growth at the Right Price (GARP). Our stock selection strategy focuses on companies with strong earnings growth, sustainable revenue streams and low borrowings, at reasonable price levels. By identifying companies that combine these features, we are able to achieve a secure balance between risk and growth. This meticulous, concentrated share selection process enables the Fund to be less correlated to the overall market.
The Rezco Global Flexible Fund's emphasis is on active stock selection. The Fund aims to achieve long-term capital growth through investments in a portfolio of global asset classes by pursuing a global macro-economic strategy with a long-term investment horizon.
It does this by identifying and investing in a mix of investments based on the Investment Manager's assessment of macro-economic and social trends, countries, sectors, individual companies and assets across the globe. The Fund strives for an optimal mix of equity and fixed income securities. The Fund aims to provide investors with capital growth over the long term, and to achieve returns in excess of the Morgan Stanley All Country World Index. The Investment Manager does not make any guarantees concerning the capital or return of the Fund.
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Technical Overview
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| Benchmark: |
Morgan Stanley ACWI |
| Base currency: |
USD |
Formation date: |
31 Aug 2015 |
| Domicile |
Luxembourg |
Management fee (p.a.): |
0.65% |
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Top holdings on 31 Dec 2020
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| USTREASURY (Bonds) |
44 487 196 |
36.60% |
| JOHNSONMATTHE (Basic Resources) |
3 768 041 |
3.10% |
| SIBANYE-S (Precious Metals and Mining) |
3 524 942 |
2.90% |
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