Truffle SCI*
R
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bn
Fund Size
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%
Annualized Return Since Inception*
0
AGGRESSIVE
Risk Profile
Fund Overview
Investment Strategy
An equity fund aiming to deliver superior long term capital growth through a distinctive stock selection process.
The fund invests across all sectors of local and offshore equities.
Why choose this fund?
- A well-constructed portfolio of quality local and offshore companies.
- A fund manager with experience and skill to identify the best opportunities and manage the related risks.
- An equity process that focuses on investing in quality assets with long term valuation potential, identified through deep research and rigorous debate.
Portfolio Managers
B.Com. (Hons) (Investment Management)
Iain has been part of the Truffle team since 2010 and has 30 years of industry experience. He began his career at RMB Asset Management in 1993. In his 16 years with the company, Iain held various positions including serving as a member of the Board of Directors and the Management Board, as well as fulfilling the role of a senior investment professional in the equity team. Iain’s move to Truffle was part of his decision to move from the corporate environment into a smaller owner-managed asset management business where he could be part of building a larger concern.
M.Bus.Sci., Fellow of the Faculty of Actuaries (FFA)
Saul has 25 years of experience in investment and portfolio management and has been part of the Truffle team since 2016. He worked for RMB Asset Management for over a decade, where he managed a range of equity and balanced funds that won numerous industry awards. Saul then moved to Argon Asset Management where he held the position of Head of Equity for over four years. During this period, equity assets under management grew rapidly from approximately R8 billion to over R20 billion and investment performance comfortably exceeded benchmark returns. Additionally, Saul was responsible for implementing Argon’s equity investment philosophy and process.
CA(SA)
Nicole joined the Truffle team in 2015 and has been in the financial industry for over 25 years. After graduating, she completed her articles at PricewaterhouseCoopers. Nicole discovered her love for investments whilst working at Merchant Banking in London. On her return to South Africa in 1997, Nicole joined RMB Asset Management where she held various investment roles, including those of senior equity analyst and portfolio manager. During this time, various funds which she co-managed won Raging Bull and Standard & Poor awards. She remained with RMB Asset Management until 2015 where her final position was Deputy Head of Equity Research.
M.Com., CFA
Sophié-Marié has been part of the Truffle team since 2016 and has over 25 years of investment experience as an equity analyst and fund manager. She began her career at RMB Asset Management as a trainee analyst and worked her way up to the role of senior investment professional where she performed equity research and co-managed various funds. During this time, these funds won several Raging Bull and Morningstar awards. In 2011, Sophié-Marié joined Argon Asset Management as an equity analyst and co-manager of all the equity funds under management.
Fund Details
FTSE/JSE Capped SWIX Index
Benchmark
18 November 2010
Fund Inception Date
Semi-annually
Income Distribution
South African - Equity - General
ASISA Fund Classification
10 years +
Ideal Investment Timeframe
15:00
Portfolio Valuation Time
R500
Minimum Monthly Investment
R10 000
Minimum Lump Sum Investment
TRGEA
Ticker
Performance
No Data Found
No Data Found
No Data Found
No Data Found
Returns are as of 30 June 2024.
Sector: (ASISA) South African – Equity – General.
Performance data source: © Morningstar.
26.19
Highest Annual Return
Since Inception to 31 December 2023
-4.47
Lowest Annual Return
Since Inception to 31 December 2023
Annualized return is the weighted average compound growth rate over the performance period measured.
Investment performance is for illustrative purposes only. Investment performance is calculated by taking the fees into account and income is reinvestment on the reinvestment date. Investment growth is for the amount of R10 000 since inception of the fund.
The value of investments, as well as any income earned from them, might decline as well as rise. Historical performance is not a predictor of future outcomes. If the currency displayed differs from your local currency, currency movements may cause returns to rise or decrease. Investment objectives and performance targets may not be met, and losses may occur. We advise you to obtain independent financial counsel to ensure that this Fund is appropriate for your investing needs. Performance is not given for share classes that have been in existence for less than 12 months. No assurance is made that any investment will or is likely to produce profits or losses comparable to those obtained in the past, or that losses will be avoided. When compared to other performance charts or marketing material, the charts presented may utilize various Sector performance start dates, resulting in slight discrepancies.
Fund Statistics
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Information Ratio
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Maximum Drawdown
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Sharpe Ratio
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Standard Deviation
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%
Tracking Error
All portfolio statistics are on a 3-year rolling basis.
Data as of 30 June 2024. Data source: © Morningstar.
Portfolio Positioning
No Data Found
Data as of 30 June 2024.
Data source: © Morningstar.
Literature
Fees & Charges
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Maximum Initial Advice Fee
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Maximum Annual Advice Fee
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Manager Annual Fee
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Total Expense Ratio (TER)
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Transaction Costs (TC)
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Total Investment Charges (TIC)
All charges and fees are VAT inclusive for the A class.
TER measurement period: 01 April 2021 to 31 March 2024.