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Fairtree Equity Prescient Fund  |  South African-Equity-SA General
5.2786    +0.0834    (+1.605%)
NAV price (ZAR) Mon 30 Jun 2025 (change prev day)


 
Technical Details  
 

Formation Date (A1)

1 Nov 2011

Fund Size (ZAR)

31 423 953 303

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (A1)

FECA1

ISIN (A1)

ZAE000161402

Pricing

Daily

Number of unitholders

130

ASISA Category

SA-Equity-SA General

Benchmark

FTSE/JSE Capped Shareholder Weighted All Share Total Return Index (Capped SWIX)

Income Distributions

31/03

Income Payment

02/04

Trustee

0

Management Company

Fairtree Asset Management (Pty) Ltd.

Fund Management

Cor Booysen, Stephen Brown

Minimum Investment

R50 000

Minimum Top-Up

-

Minimum Monthly

R1 000

Risk Rating

High

 
Fund Objective  
 
The Fairtree Equity Prescient Fund will be a general equity fund. The objective of the fund is to offer medium to long term capital growth. In order to achieve this objective the fund will invest in selected shares across all industry groups as well as across the range of large, mid and smaller cap shares. The fund will seek to capture value by focussing on equity selection opportunities. The portfolio will predominately invest in South African markets, but is however permitted to include investments in offshore jurisdictions subject to the investment conditions determined by the Registrar from time to time....Read more
 
Management  
 
Cor Booysen (B Eng (Mechanical))
Cor started his career in the mining industry in 1996 as an engineer for De Beers. Between 2000 and 2008 he was involved in management consulting, working for Bain & Company and Seabury Group where he advised corporations in Johannesburg, New York and Sydney on strategy, operational optimisation and revenue enhancement. During this time, he gained in-depth knowledge of the mining, telecommunication, aviation, public sector and manufacturing industries. Cor moved to the fund management industry in 2008, where he was head of resources and a fund manager at RMB Asset Management, and a subsequently as sell-side analyst for HSBC, covering the platinum and diversified mining sector. In 2012 Cor joined Fairtree to co- manage the Fairtree MET Equity Fund. Cor ascribes his initial value investment style to the influence of investment icons such as Benjamin Graham and Warren Buffet. However, with experience in management consulting he realised the importance of strategic positioning of companies within an industry and their relative competitive advantage tying into the quality of their business.

Stephen Brown (BCom, MBA, CFA)
Stephen completed his MBA at Stellenbosch Business School in 1996. He began his Asset Management career in 1997 as an Industrial Analyst with Southern Asset Management. In 2000 he joined RMB Asset Management as a Diversified Industrial Analyst and remained involved in industrial research until 2007. In 2001 he moved into the Resources team also as an analyst. He progressed to Head of Resources research in 2007, and held the position until the end of 2009 when he moved permanently onto portfolio management of institutional and retail portfolios. In 2001 he qualified as a CFA. He began his Portfolio Management career in 2002, managing the RMB Value Fund, and became a full time Portfolio Manager of Institutional Balanced Funds and Retail Equity Funds in 2010. Stephen joined Fairtree Capital in 2011 as a Portfolio Manager and currently manages the Fairtree Assegai Long Short Equity Fund and the Fairtree MET Equity Fund.
 
Fees and Costs - Class A1
 
Initial Fee0.00%
Advisor Initial Feen/a
Annual Management Fee1.15%
Performance Fee
15% outperformance over Capped SWIX with a 1 year rolling highwater mark
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (31/03)1.17%
TER Performance Fee0.00%
Transaction Costs Ratio0.41%
Total TER1.58%
 
Distribution - Class A1
DeclaredPayAmountClassCurrency
31 Mar 20251 Apr 20259.630A1ZARc
31 Mar 20242 Apr 202410.200A1ZARc
31 Mar 20233 Apr 202311.730A1ZARc
31 Mar 20221 Apr 202210.860A1ZARc
31 Mar 20211 Apr 20213.190A1ZARc
31 Mar 20201 Apr 20203.720A1ZARc
31 Mar 20191 Apr 20193.650A1ZARc
31 Mar 20183 Apr 20183.760A1ZARc
31 Dec 20172 Jan 20180.000A1ZARc
30 Jun 20173 Jul 20170.000A1ZARc
 
Statutory Data
 
Management CompanyFairtree Asset Management (Pty) Ltd.
Registration Number2004/033269/07
DirectorsBradley Anthony (Chief Investment Officer), Andre Malan (Chairman), Kobus Nel (Chief Executive Officer)
Trustee-
AuditorsRademeyer Wesson
Sponsors-
Advisors-
Physical AddressWillowbridge Place, cnr Carl Cronje Drive & Old Oak Road Bellville, Western Cape 7530
Postal AddressPO Box 4124, Tygervalley 7536
Telephone021-943-3760
Tollfree-
Fax021-914-3103
Emailinfo@fairtree.com
Websitehttp://www.fairtree.com