Truffle SCI
R
0
m
Fund Size
0.00
%
Annualised Return Since Inception*
0
MODERATE AGGRESSIVE
Fund Overview
Investment Strategy
An unconstrained domestic multi-asset fund that aims to deliver strong inflation beating returns over the long term.
This is achieved through dynamic asset allocation and security selection across a wide range of assets.
Why choose this fund?
- A well-diversified portfolio of local assets, where managers have full flexibility to implement ideas efficiently.
- Risk is actively managed through skilled asset allocation and security selection across various asset classes and strategies.
- Managed by a highly experienced team with a proven track record of selecting quality assets to deliver long-term capital growth.
Portfolio Managers
B.Com. (Hons) Investment Management
Industry experience: 32 years
Industry experience: 32 years
Iain leads the investment team and plays a key role in the strategic direction of the business. He has been part of the Truffle team since 2010, when he joined to work with the founders as a senior portfolio manager. Iain previously worked at RMB Asset Management where he held various positions, including serving as a member of the Board of Directors and the Management Board, and fulfilling the role of a senior investment professional in the equity team. Iain was keen to join a smaller, owner-managed asset management business where he could be part of building a larger concern, and has been key to Truffle’s growth over the last 16 years.
M.Bus.Sci., Fellow of the Faculty of Actuaries (FFA)
Industry experience: 28 years
Industry experience: 28 years
Saul joined the Truffle team in 2016 and with over two decades of investment experience plays a key role as one of Truffle’s senior portfolio managers. Saul spent more than 10 years working for RMB Asset Management, managing a range of equity and balanced funds that won numerous unit trust industry awards. Saul then moved to Argon Asset Management, where he was Head of Equity for over four years. During this period, the firm’s equity assets under management grew rapidly from around R8 billion to over R20 billion, and investment performance comfortably exceeded benchmark returns. He was also responsible for implementing Argon’s equity investment philosophy and process.
CA(SA), CFA
Industry experience: 17 years
Industry experience: 17 years
Etienne joined Truffle in 2013 as an Equity Analyst and currently covers various sectors, including Property, Healthcare, Diversified Industrials, Gold, and various mid-caps. Etienne also has portfolio management responsibilities for Truffle property mandates. He began his career at Greenwoods Chartered Accountants where he gained invaluable experience in various sectors, including Manufacturing, Property, and Industrials.
Fund Details
CPI + 5%
Benchmark
12 April 2024
Fund Inception Date
Semi-annually
Income Distribution
South Africa – Multi Asset – Flexible
ASISA Fund Classification
8-9 years
Ideal Investment Timeframe
15:00
Portfolio Valuation Time
ZAR 500
Minimum Monthly Investment
ZAR 10 000
Minimum Lump Sum Investment
TSCFFA
Ticker
Performance*
Returns shown for the period ended 30 June 2026.
Sector: (ASISA) South African – Multi Asset – Flexible.
Performance data source: © Morningstar.
*Performance is shown is for the Truffle SA Flexible composite
34.73
Highest Annual Return
Since Inception to 31 December 2025
-2.75
Lowest Annual Return
Since Inception to 31 December 2025
*Annualised 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 Truffle assumed management 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 utilise various Sector performance start dates, resulting in slight discrepancies.
Strategy Statistics
0.00
Information Ratio
0.00
Maximum Drawdown
0.00
Sharpe Ratio
0.00
%
Standard Deviation
All portfolio statistics are on a 3-year basis.
Data as at 30 June 2026. Data source: © Morningstar.
Portfolio Positioning
Data as at 30 June 2026.
Data source: © Morningstar.