REZCO Value Trend Fund wins third Raging Bull Award

The REZCO Value Trend Fund, one of South Africa’s top performing unit trusts, has received its third prestigious Raging Bull award during a ceremony held at The Wanderers in Johannesburg last night (Wednesday 30th January).

The REZCO Value Trend Fund won in the prestigious category of Best Domestic Asset Allocation Flexible Fund on a Risk-adjusted Basis

The REZCO Value Trend Fund achieved the highest PlexCrown rating over the past five years in the Domestic Asset Allocation Flexible sector. The PlexCrown system combines risk-adjusted returns based on performance statistics from Profile Data with standard risk measures, consistency measures, and measures of downside risk and managerial skill.

This is the third Raging Bull award for REZCO Asset Management, with the multiple-award winning Value Trend Fund having won previously in 2008 and 2009. The fund has achieved exceptional returns while providing investors with excellent protection against losses.

The Raging Bull Awards recognise the top performers in the collective investment or unit trust industry in terms of top outright performers and also risk-adjusted performers. The awards cover domestic and offshore funds that are approved by the Financial Services Board and can therefore be marketed to South African investors.

Rob Spanjaard, Investment Director of Rezco Asset Management, comments, “We are very pleased to have won a third Raging Bull Award for the Value Trend Fund. This is testament to the investment expertise of our team, as well as underlining the value of our methodology.”

Spanjaard adds, “The award for best risk-adjusted performance over the past five-year period is most gratifying as we have a company philosophy of ‘Preserving Capital and Creating Wealth’. The equity exposure of the Value Trend Fund since inception in 2004 has only averaged 65%. Meticulous, concentrated stock selection has enabled the fund to be less correlated to the overall market and able to generate superior performance for investors. The fund is a balanced fund and can invest in a variety of asset classes such as shares, bonds, listed property and cash. Equity exposure is currently limited to 75% and foreign exposure is currently limited to 25%.

“The fund aims to produce inflation-beating returns, while minimising the risk of loss. With the objective of achieving returns well in excess of inflation measured over three- to five-year periods – CPI + 6% under current market conditions – and with a recent return of almost 30% over the past year, it can clearly be seen that the fund has gone significantly beyond its mandate, as recognised by the 2013 Raging Bull awards,” concludes Spanjaard.

Windall Bekker, Head of Distribution at REZCO Asset Management, comments, “This award is also testament to the fact that boutique asset managers can successfully compete against the large established players in the market on a consistent basis.”