Page 242 - Profile's Unit Trusts and Collective Investments 2021 issue 2

Edge RCIS Multi Managed Alternative Alpha Retail Hedge Fund

Edge RCIS Multi Managed Alternative Alpha Retail Hedge Fund
Edge RCIS Multi Managed Alternative Alpha Retail Hedge Fund
Sector: SA—Equity— Unclassified
Fund benchmark: STeFi Composite RETURN ANALYSIS DATA
Index +3% Fund Benchmark
Code (E): ERMRBI 1 Month -0.32% 0.56%
3 Months 1.75% 1.68%
MANAGEMENT COMPANY
6 Months 9.40% 3.37%
Realfin Collective Investment
Schemes (RF) (PTY) Ltd. (“RCIS”) 1 Year 19.81% 7.16%
Highest Annual Return (since inception) 27.10% 10.54%
Lowest Annual Return (since inception) -6.46% 7.16%
INVESTMENT MANAGER
Edge Capital (Pty) Ltd. Total Return Since Inception (Cumulative) 30.25% 37.43%
Compound Annual Return (Annualised) 7.30% 8.85%
INVESTMENT MANDATE
* BM: October 2017 to November 2018 = STEFI + 1% Index / From 1 December 2018 = 100% STEFI + 3% Index
The portfolio may invest in securities
(including, without limitation, derivative
instruments), financial products and RISK ANALYSIS DATA
assets, participatory interests of hedge Fund Benchmark
fund portfolios in any retail investor Standard Deviation Annualised 7.97% 0.38%
collective investment scheme Downside Deviation Annualised 4.88% 0.00%
(“Underlying Funds”), subject only to % Positive Months 64.44% 100.00%
the requirements of the Act read with
the Hedge Fund Requirements. The Correlation 1.00 -0.17
portfolioispermittedtoinvestin Sharpe Ratio 0.12 n/a
offshore investments. The Manager may Sortino Ratio 0.17 n/a
create leverage in the portfolio by
borrowing funds, using short positions or
engaging in derivative transactions. STRATEGY ALLOCATION
INVESTMENT OBJECTIVE
The portfolio is an actively managed
South African multi-strategy portfolio
that aims provide the investor with good
capital growth over a 3 to 5 year time
FUNDS rolling 12 month time periods, through
horizon and limited downside risks over
the selection and appointment of a
range
of
alternative
different
investment managers who employ a
HEDGE combination of long/short, market
neutral and fixed income strategies,
which strategies complement each other
from an overall risk perspective. The
Manager
Investment
entrust
will
Portions of the Portfolio to different
Sub Investment Managers which it has FUND PERFORMANCE
selected in accordance with the
mandate given to it by the Manager in
accordance with the Investment
Management Agreement.
DETAILS as at 30 June 2021
All fees and charges exclude Vat
Class inception date: 1 Oct 2017
Min lump sum: R1 000 000
Management fee:
- Sub Investment Manager: 0.70%
- Investment Manager: 1.00% less any
Base Fees payable to the
Sub Investment Manager
Performance fee
- Sub Investment Manager: 20%
- Investment Manager: 20%
Income declaration: 28/02
Risk Profile: Medium
MONTHLY RETURNS (NET OF FEES)
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD BM
2021 2.29% 3.10% 1.95% 0.62% 1.45% -0.32% 9.40% 3.37%
2020 1.12% -3.47% -7.05% 4.73% 1.43% 1.62% 1.45% 0.71% -1.19% -2.38% 7.67% 3.20% 7.25% 8.59%
2019 2.11% 1.76% 1.58% 2.22% -1.88% 1.48% -0.32% 0.43% -0.16% 0.52% -0.97% 1.80% 8.81% 10.54%
2018 1.13% 1.25% -1.00% 1.91% -1.91% 0.37% 1.04% 1.37% -0.70% -1.76% -1.15% 1.64% 2.10% 8.55%
2017 2.83% -1.84% -1.01% -0.08% 2.03%
It is important that this document is read in conjunction with the Minimum Disclosure Document which is
available on request from RCIS at manco@realfin.co.za or edgeclientservices@edge.co.za.
240 Profile’s Unit Trusts & Collective Investments — HEDGE FUNDS