ABOUT THE FUND
The SouthernCross NCIS Market Neutral RHF invests to provide a low equity return, with limited exposure to market risk.
The core of the Fund is a corporate structure arbitrage and corporate action arbitrage strategy. The Fund is further enhanced by an equity market neutral strategy, a short-term and long-term fixed income strategy and limited directional equity exposure.
The fund utilises a proprietary electronic execution and portfolio management system that allows it to exploit time-sensitive opportunities timeously and with precision.
The resultant return profile is uncorrelated to equity markets and tends to protect against the downside, as the opportunity set is absolute return-focused.
Fund Details
The objective of the SouthernCross NCIS Market
Neutral Retail Hedge Fund is to provide investors
with investment gains and total return in South
Africa Rand terms. Short-term volatility of the returns
may be reduced by the use of hedging instruments and/techniques, strategy diversification, allocation and active risk management. The return target for the fund
is Cash (STeFi Call Deposit Index) + 4%.
Fund Facts
Fund Details
The SouthernCross NCIS Market Neutral Retail Hedge Fund invests in equity and equity-derived instruments in a manner that seeks to eliminate market exposure from the portfolio. The fund is suitable for investors with a medium- to long-term investment horizon it is a conservative risk/return fund for investors seeking growth in excess of cash returns whilst preserving capital. In addition, it provides compounded returns and aims to avoid large drawdowns, with the explicit objective of providing positive returns over every rolling three-month period.
Fund Facts
Benchmark
STeFi Call Deposit Index
Risk Profile
Cautious
ASISA Category
SA - Long Short Market Neutral Hedge Fund RIF
Availability
Direct investment &
Through all reputable investment platforms
Minimum investment amount: Direct Investment
R50,000 lump sum or R 1,000 debit order
Minimum investment amount: Investment platforms
Investment platform minimums apply
Inception Date
01 October 2017
Market Neutral Fund
SouthernCross NCIS Market Neutral RHF Fund
(ASISA) SA Multi Asset Low Equity Category
The average return for South Africa Multi Asset Low Equity Funds
CPI
The monthly change in the SA consumer price index (CPI)
Market Neutral Fund
SouthernCross NCIS Market Neutral RHF Fund
(ASISA) SA Multi Asset Low Equity Category
The average return for South Africa Multi-Asset
Low Equity Funds
Value of R100 invested on 1 Oct 2017
Market Neutral Fund
SouthernCross NCIS Market Neutral RHF Fund
(ASISA) SA Multi Asset Low Equity Category
The average return for South Africa Multi Asset Low Equity Funds
Return (%)
Annualised return over 5 years
Risk (%)
Risk is defined as annualised standard deviation over 5 years
Stable Fund
Large funds in the (ASISA) SA Multi Asset Low Equity Fund
Cumulative Drawdown
Title | 12M | 3yr Ann | 5yr Ann | Since Inception |
|---|---|---|---|---|
SouthernCross Market Neutral | 17.3% | 11.5% | 9.8% | 9.2% |
(ASISA) SA MA Low Equity | 17.0% | 8.7% | 8.2% | 7.3% |
Capped SWIX Total Return | 28.0% | 11.0% | 10.9% | 7.8% |
All Bond Total Return | 21.3% | 10.5% | 9.4% | 9.2% |
Cash | 8.2% | 6.7% | 5.7% | 6.0% |
Title | Sharpe | Sortino | Standard Deviation | % + months |
|---|---|---|---|---|
SouthernCross Market Neutral | 0.84 | 1.45 | 3.9% | 88% |
(ASISA) SA MA Low Equity | 0.24 | 0.39 | 5.5% | 67% |
Capped SWIX Total Return | 0.12 | 0.19 | 15.4% | 59% |
All Bond Total Return | 0.38 | 0.62 | 8.4% | 67% |