Rozendal Worldwide Flexible Prescient Retail Hedge Fund
full name
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Rozendal Worldwide Flexible Prescient Retail Hedge Fund
FUND DESCRIPTION
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The Retail Hedge Fund is actively managed with an objective to earn a higher total rate of return than the JSE All Share Index in Rand terms. It aims to achieve this without a greater risk of loss over the long term.
FUND CLASSIFICATION
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Retail Hedge Fund
ASISA CLASSIFICATION
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Worldwide portfolios - Long Short Equity Hedge Funds – Long Bias Equity Hedge Funds
REPORTING CURRENCY
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South African Rand (ZAR)
BENCHMARK
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FTSE/JSE All Share Total Return Index (ALSI)
DEALING FReQUENCY
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Daily
MINIMUM INVESTMENT
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Class A: ZAR 10,000 lumpsum ; ZAR 1,000 monthly debit orders
Class C: ZAR 500,000
MANAGEMENT FEE
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1 % (excl. VAT) per annum
PERFORMANCE FEE
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20 % (excl. VAT) of performance above the Benchmark and the High-Water Mark