The Fund has a number of unique characteristics including low-cost access to a variety of South African assets including equity, bonds, infrastructure, clean energy and both private and listed credit. With a headline fee structure of 45 basis points, the Fund delivers an actively managed product priced as a passively-managed offering. 

The Fund is designed to provide South African investors with an opportunity to access a well-diversified portfolio focused on domestic assets. The Fund stands out by incorporating infrastructure, clean energy projects, and credit opportunities alongside traditional equity and debt holdings. This unique mix underscores Prescient’s dedication to aligning investment strategies with sustainable growth and development in the local economy as highlighted in the recently released 2024 Prescient Responsible Investing Report.

“Our mission has always been to combine insights and proven, predictable processes to create consistent outcomes for our clients. One of the obvious challenges in the market is that the investment universe on the JSE has been shrinking and investors are seeking alternative ways to participate in the economic recovery in South Africa. This Fund offers access not only to South African equities but a basket of assets that will benefit from South Africa’s economic recovery,” says Rupert Hare, Head of Multi-Asset portfolio at Prescient Investment Management.

As an active and systematic asset management firm, Prescient specialises in portfolio and risk management strategies that consistently deliver results. The company’s independent and client-centric philosophy ensures that investment decisions are driven by data-driven insights and market expertise rather than external influences.

By including infrastructure, clean energy and private credit in its portfolio, the Fund not only supports national priorities for sustainable development and energy security, but allows for exposure to sustainability-linked and Environmental, Social and Governance (ESG) mandates. Additionally, its focus on South African private credit offers investors exposure to opportunities in sectors that drive economic inclusivity and growth.

“As South Africa’s largest systematic asset management house, we are analysing over 170 million data points daily. This understanding of the macro-economic conditions allows us to build expertise in local asset classes which allows us to build models to extract significant alpha for our clients and gives us a competitive advantage in launching a new domestic fund, ” concludes Hare. 

For more information on the Prescient Domestic Balanced Fund, please visit https://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.
  • Prescient Management Company (RF) (Pty) Ltd is registered and approved under the Collective Investment Schemes Control Act (No.45 of 2002). For any additional information such as fund prices, fees, brochures, minimum disclosure documents and application forms please go to www.prescient.co.za Prescient is a member of the Association for Savings and Investments South Africa.
  • Please note there are risks involved in buying or selling a financial product, and past performance of a financial product is not necessarily a guide to future performance. The value of financial products can increase as well as decrease over time, depending on the value of the underlying securities and market conditions. There is no guarantee in respect of capital or returns in a portfolio.
  • This document is for information purposes only and does not constitute or form part of any offer to issue or sell or any solicitation of any offer to subscribe for or purchase any particular investments. Opinions expressed in this document may be changed without notice at any time after publication. We therefore disclaim any liability for any loss, liability, damage (whether direct or consequential) or expense of any nature whatsoever which may be suffered as a result of or which may be attributable directly or indirectly to the use of or reliance upon the information.