As the Raging Bulls Awards on 27 January celebrated 20 years of honouring the managers of funds that consistently earn good returns for South African retail investors, Rezco Asset Management made its mark on this auspicious occasion by walking off with two awards for two of its funds.
Rezco won the award for the best South African Multi Asset Equity Fund on a Risk Adjusted Basis for the five-year period to 31 December 2015 with its Rezco Managed Plus Fund. In doing so, Rezco kept company with such giants of the investment world as Nedgroup, Coronation, Allan Gray, Investec Asset Management and Old Mutual, as well as 36ONE, Prescient, Mazi Capital and Bataleur Capital.
Apart from this year’s 12 Raging Bull Awards, 42 certificates were awarded to funds that had achieved outstanding returns over five years to the end of December 2015. In this arena, Rezco was also honoured with a certificate for its Value Trend Fund in the South African Multi-Asset High Equity category. Rezco’s 2016 awards now brings its overall Raging Bull record to three Awards and three Certificates.
Rob Spanjaard, Chief Investment Officer at Rezco Asset Management, said, “The Rezco Managed Plus Fund is managed to comply with Regulation 28 of the Pension Funds Act 24 and thereby the investment limits governing retirement funds. This award represents its second Raging Bull nod, as previously it won a certificate in 2014.
“The fund aims to obtain the highest return within the constraints governing retirement funds. We achieved this award with good downside protection, which is most gratifying as it endorses our company philosophy of ‘Preserving Capital and Creating Wealth’.”
Past Raging Bulls acknowledgements for Rezco Asset Management also include recognition for its Value Trend Fund in 2008, 2009 and 2012.
Spanjaard concludes, “We are very pleased with our showing at this year’s Raging Bull Awards. This endorses the investment expertise of our team, as well as underlining the value of our methodology. The Managed Plus Fund, which has a moderate risk profile, invests in a combination of shares, bonds and cash. It achieved a return of 17% net of retail fees for the 2015 year. The benchmark for this fund is the average for the ASISA South African multi-asset high equity sector, the total return here being 7.6%.”