CENTAUR BCI FLEXIBLE

3 years* 5 years* 7 years* - 6.46 1.02 3.03 4.83 9.12

Fund size (Rm):

Total expense ratio (TER): 2 766 2.03%

aurium, founded by Murray Winckler and Gavin Vorwerg from Deutsche Securities in 2008, initially operated just in the hedge fund space. But that is a small market, and it is hard for a fund manager to make a living without fishing in the much deeper pond of long-only funds.

Laurium Flexible was its first conventional unit trust, as it allows it to deploy

Lhe fund is run by Iain Power, backed up by former colleagues from RMB Asset Management Saul Miller, Nicole Agar and Sophié-marié van Garderen.

Power says the equity allocation is

T