High Growth Fund

FLAGSHIP FUND

Fund Objective

The goal of the High Growth Fund is to create long-term wealth for investors by investing in our best investment ideas in the equity market and other asset classes. The fund aims to deliver industry leading long-term investment growth for our investors, while assuming moderate levels of risk. The historic risk indicators of the High Growth Fund are similar to those of traditional South African balanced funds.

Who should consider investing in the High Growth Fund?

The High Growth Fund is suitable for you if:

  • You are looking for exceptional long-term capital growth
  • You are comfortable to assume a moderate to high level of market 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 February 2000

Annualised net returns

(as at 31 August 2019)

clustered | amCharts

Net returns since inception

(as at 31 August 2019)

Net Return High Growth
Fund
SA Multi Asset -
High Equity Category
Cumulative 8,398.48% 624.79%
Annualised 25.46% 10.64%

Risk measures

(as at 31 August 2019)

Risk measures High Growth
Fund
SA Multi Asset -
High Equity Category
Maximum cumulative drawdown -17.27% -16.81%
Highest Annual Return 71.61% 39.47%
Lowest Annual Return -16.20% -14.75%
% Positive Months 78.30% 65.96%

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

  • The calculation of net returns and the risk measures comprises data from the inception of the Peregrine Capital High Growth Fund en Commandite Partnership on 1 February 2000 until 30 November 2016, thereafter the data relates to the Peregrine Capital High Growth H4 QI Hedge Fund (“High Growth Fund”).
  • The High Growth 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 market value-weighted average return of portfolios in the ASISA South African Multi Asset – High Equity Category from 1 February 2000 to 31 January 2013, was the market value-weighted average return of the funds in both the Domestic Asset Allocation Medium Equity and Domestic Asset Allocation Variable Equity sectors of the previous ASISA Fund Classification Standard.
  • 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.

David Fraser

Executive Chairman and Portfolio Manager

David co-founded Peregrine Capital in 1998 and is a Portfolio Manager of all the Peregrine Capital Funds, while also being Executive Chairman of the business. David started his career at Liberty Asset Management, where he was Assistant General Manager, mainly involved in non-consumer industrial company research. David was appointed Sector Research Head for this area in 1998. David qualified as a CA (SA) in 1994, after completing his articles at KPMG Inc.

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
February 2000

Fund status
Open

Fund ISIN
ZAE000230470

Minimum investment amount
R 1 million

email
info@peregrinecapital.co.za

About Peregrine Capital