Individual investors can support transformation in the asset management industry by supporting black-owned fund managers’ unit trust funds.
The following funds from black-owned fund managers are listed among the top 10 funds on performance over various periods in their respective unit trust sub-categories for periods of three years or longer:
SOUTH AFRICAN GENERAL EQUITY
Mazi Capital Prime Equity Fund: 5th out of 94 funds over five years with an annual return of 16.02 percent.
Mergence Equity Prescient Fund: 8th out of 94 funds over five years with an annual return of 14.98 percent.
SOUTH AFRICAN EQUITY LARGE CAP
Kagiso Top 40 Tracker Fund: 4th out of six funds over 15 years with an annual return of 12.83 percent.
SOUTH AFRICAN MULTI-ASSET FLEXIBLE
Noble PP STANLIB All Weather Fund of Funds: 10th out 29 funds over 10 years with an annual return of 9.49 percent.
SOUTH AFRICAN MULTI-ASSET INCOME
Pan-African IP Income Hunter Fund: 3rd out of 50 funds over three years with an annual return of 8.65 percent.
SOUTH AFRICAN REAL ESTATE
Sesfikile BCI Property Fund: 2nd out of 22 funds over five years with an annual return of 20.12 percent.
WORLDWIDE MULTI-ASSET FLEXIBLE
Argon BCI Worldwide Flexible Fund: 1st out 54 funds over three years with an annual return of 46.71 percent.