Flexible Opportunity Fund

Fund Objective

The Flexible Opportunity Fund is a multi-asset hedge fund that seeks to generate strong absolute returns over the medium term.

The Flexible Opportunity Fund has never had a negative year since its inception in December 2015.

Who should consider investing in the Flexible Opportunity Fund?

The Flexible Opportunity Fund is suitable for you if:

  • You want to achieve strong absolute returns
  • You are comfortable to assume a moderate level of investment risk
  • You are ideally investing for at least three years

Performance net of all fees and expenses with all distributions reinvested

(as at 31 August 2019)

Value of R1 invested on 1 December 2015

Annualised net returns

(as at 31 August 2019)

clustered | amCharts

Net returns since inception

(as at 31 August 2019)

Net Return Flexible Opportunity
Fund
SA Multi Asset -
High Equity Category
Cumulative 51.97% 13.41%
Annualised 11.81% 3.41%

Risk measures

(as at 31 August 2019)

Risk measures Flexible Opportunity
Fund
SA Multi Asset -
High Equity Category
Maximum cumulative drawdown -10.06% -7.53%
Highest Annual Return 25.22% 12.71%
Lowest Annual Return 0.08% -5.79%
% Positive Months 71.11% 60.00%

Important information on the calculation of net returns and risk measures:

  • The calculation of all net returns and the risk measures comprises data from the inception of the Peregrine Capital Flexible Yield en Commandite Partnership on 1 December 2015 until 31 July 2016, thereafter the data relates to the Peregrine Capital Flexible Opportunity H4 QI Hedge Fund (“Flexible Opportunity Fund”).
  • The Flexible Opportunity Fund does not have a benchmark and does not contribute towards the return of the ASISA South African Multi Asset – High Equity Category.
  • The South African Multi Asset – High Equity Category is defined in the ASISA Standard on Fund Classification for South African Regulated Collective Investment Scheme Portfolios.
  • The FTSE/JSE Capped SWIX All Share Index comprises data from 1 February 2000 until November 2016 from the FTSE/JSE All Share Index.

Risk Profile

The Fund Fact Sheet contains all the information and disclosures as required by the Financial Sector Conduct Authority  (FSCA).

Portfolio Managers

Jacques Conradie

Managing Director and Portfolio Manager

Jacques joined Peregrine Capital in 2007 and is a Portfolio Manager of all the Peregrine Capital Funds, while also being Managing Director of the business. Jacques started his career at Old Mutual in 2006, where he worked in the Life Insurance Product Development team, and qualified as an Actuary. In 2005, as a student at Stellenbosch University, Jacques was awarded the Chancellor’s medal for being the top graduating student. He has represented South Africa at the International Mathematical Olympiad and International Olympiad in Informatics, winning Bronze medals at both events. Jacques is a member of the investment committee of the Mandela Rhodes Foundation and is a CFA charterholder.

Leon Allison

Co-portfolio Manager of the Peregrine Capital Flexible Opportunity H4 QI Hedge Fund and Investment Analyst

BAdmin (Hons) cum laude, CFA

Leon joined the Peregrine Capital portfolio management team in November 2015, and is co-portfolio manager of the Peregrine Capital Flexible Opportunity H4 QI Hedge Fund. Leon gained experience as a sell side investment analyst at HSBC Securities and Macquarie First South. He was rated as the top property analyst by Financial Mail each year from 2005 to 2014. Leon is a CFA charterholder.

Justin Cousins

Executive Director and Portfolio Manager

BAcc Sci cum laude, HDip Acc, CA (SA)

Justin joined Peregrine Capital in March 2013 and is a Portfolio Manager of all the Peregrine Capital Funds. He qualified as a CA (SA) in 2015, after completing his articles at Ernst and Young. Justin was nominated for the Dean’s list at the University of the Witwatersrand in 2006 and 2007.

Key Facts

Fund inception
December 2015

Fund status
Open

Fund ISIN
ZAE000222006

Minimum investment amount
R 1 million

email
info@peregrinecapital.co.za

Our Investment Philosophy