Prescient Investment Management has launched its new Prescient Global Income Provider Actively Managed Exchange Traded Fund (AMETF), providing investors with an offshore solution that delivers consistent income, capital preservation, and enhanced yield opportunities amidst a high-interest rate environment. This AMETF is specifically designed to outperform traditional money market funds while minimising risk, making it an ideal product for conservative investors seeking to diversify their portfolios.
Pictured: Henk Kotze - Head of Cash and Income at Prescient Investment Management
The AMETF launch comes at a time when global financial markets are seeing historic highs in investment inflows. In the first eight months of 2024 alone, the global Exchange Traded Fund (ETF) industry grew by 12.9%, with total assets under management reaching $13.14 trillion. Fixed-income ETFs, such as the one Prescient Investment Management is offering, have attracted net inflows of over $138 billion in the same period, signalling investor confidence in stable income-generating products.
"Given the global interest rate environment, which is expected to remain elevated for a while longer, investors can take advantage of short-duration, low-risk global income instruments like our AMETF,” explains Henk Kotze Head of Cash and Income at Prescient Investment Management.
Kotze adds: “We’re offering 5-7% in dollar-denominated returns, which is significantly higher than typical money market funds, and we're doing so with a focus on capital preservation.”
The Prescient Global Income Provider AMETF targets investors who want to earn better-than-cash returns while maintaining a conservative risk profile.
This strategy ensures stable returns without exposing investors to excessive risk or volatility, making it an excellent alternative to riskier equity markets.
Prescient Investment Management’s new AMETF follows a systematic, data-driven approach. The Fund aims to deliver US CPI plus 1.5%, focusing on achieving real returns while prioritising risk management. Capital preservation remains a key feature of the fund, with a mandate to avoid any losses over a 12-month period.
The global ETF landscape: A growing opportunity
The launch of the Prescient Global Income Provider AMETF comes amid rapid growth in the global ETF market, which has seen record inflows in 2024. According to recent data, 12,420 ETFs are now listed worldwide across 80 exchanges, and over $126 billion in new inflows were recorded in May alone. The growing appeal of ETFs, particularly in fixed-income assets, reflects a broader shift among investors towards products that offer both stability and yield in uncertain economic times.
Optimised for diversification and capital protection
One of the distinguishing features of Prescient’s latest AMETF is its strong focus on global diversification. The fund taps into a broad universe of income-generating assets, spanning from US Treasuries to corporate bonds and it even includes emerging market instruments.
By leveraging short-duration, high-quality assets, the AMETF ensures liquidity and protection from excessive volatility.
Furthermore, Prescient Investment Management has enhanced the portfolio construction process to ensure optimal asset allocation. This systematic, evidence-based investment philosophy helps protect capital and manage risks, which is essential for investors who wish to avoid the instability that can come with equity market exposure.
“Our strategy is based on asset allocation, which we believe explains over 95% of portfolio returns. By focusing on this, we ensure that the AMETF provides the best risk-adjusted returns possible while maintaining the strong capital preservation our clients expect,” concludes Kotze.
For more information on the Prescient Global Income Provider AMETF, visit https://www.prescient.co.za/ or contact the investment team directly.
About Prescient Investment Management
Prescient Investment Management (PIM) was founded in September 1998 and is a leading systematic investment manager that relies on a data-rich investment process to create financial certainty for our clients in an ever-changing world. By combining the power of data-driven insights, empirical evidence and the right team of experts, PIM has delivered superior risk-adjusted returns across its broad range of mandates for more than two decades.
PIM specialises in portfolio and risk management, managing money on behalf of retirement funds, medical aid schemes, corporate entities, trusts, and individuals. Its investment solutions range from unit trusts and retirement fund portfolios invested in all the listed asset classes through to infrastructure and clean energy debt funds.
PIM is a Level 1 BEE Contributor, a signatory to the United Nations Principles of Responsible Investing (UN PRI) and pledged to the Codes for Responsible Investing in South Africa (CRISA).
Prescient Investment Management is an Authorised Financial Services Provider (FSP 612).
For any additional information such as fund prices, brochures and application forms, email info@prescient.co.za or visit www.prescient.co.za
Disclaimer
• Prescient Investment Management (Pty) Ltd is an authorised Financial Services Provider (FSP 612).
• Collective Investment Schemes in Securities (CIS) should be considered as medium to long-term investments. The value may go up as well as down and past performance is not necessarily a guide to future performance. CISs are traded at the ruling price and can engage in scrip lending and borrowing. The collective investment scheme may borrow up to 10% of the market value of the portfolio to bridge insufficient liquidity. A schedule of fees, charges and maximum commissions is available on request from the Manager. There is no guarantee in respect of capital or returns in a portfolio. A CIS may be closed to new investors in order for it to be managed more efficiently in accordance with its mandate. Performance has been calculated using net NAV to NAV numbers with income reinvested. A Feeder Fund is a portfolio that invests in a single portfolio of a collective investment scheme which levies its own charges, and which could result in a higher fee structure for the feeder fund. Where a current yield has been included for Funds that derive its income primarily from interest bearing income, the yield is a weighted average yield of all underlying interest-bearing instruments as at the last day of the month. This yield is subject to change as market rates and underlying investments change. Exchange traded funds are listed on an exchange and may incur additional costs. Exchange Traded Funds vs Unit Trusts: Whilst both unit trusts and ETFs are regulated and registered under the Collective Investment Schemes Control Act, ETFs trade on stock exchanges just like any other listed, tradable security. Unlike a unit trust, which can be bought or sold only at the end of the trading day, an ETF can be traded intraday, during exchange trading hours. The Management Company and Trustee are registered and approved under the Collective Investment Schemes Control Act (No.45 of 2002). Prescient is a member of the Association for Savings and Investments South Africa.