Monday, July 2, 2012

Momentum Small/Mid Cap Fund to retain Evan Walker as Portfolio Manager

Momentum Collective Investments has announced that, the manager of its highly successful Momentum Samll/Mid-Cap Fund, will joing 36One Asset Management from 1 August 2012. However, he will continue to manage the Small/Mid-cap Fund. This will no doubt bring relief to existing investors. Below is the communication from Momentum.

2 July 2012

Good afternoon,

Evan Walker, fund manager of the multi award-winning Momentum Small/Mid-Cap Fund, will join 36ONE Asset Management (36ONE) with effect from 1 August 2012. 36ONE is an independent, owner-managed specialist investment manager, formed in 2004 by Cy Jacobs and Steven Liptz. The highly skilled team is renowned for its top performing unit trusts, hedge funds and segregated portfolios.

We have agreed with 36ONE that Evan will continue to manage the Momentum Small/Mid-Cap Fund, thus maintaining the existing philosophy and process he has refined and implemented up to now, which has resulted in highly rewarding returns for investors over three, five and seven years.
Through our MET Collective Investments business (MET), Momentum Investments has been in partnership with 36ONE for seven years, providing them with two third-party branded collective investments funds, being the 36ONE Flexible Opportunity Fund and the 36ONE MET Equity Fund (previously known as the 36ONE Target Return Fund).

MET and Momentum are responsible for administration and CISCA compliance, while 36ONE is the portfolio manager. 36ONE is one of our top-performing third-party portfolio partners who have also been acknowledged with both Raging Bull and Morningstar Fund Awards in the recent past. We look forward continuing our successful partnership with 36ONE and Evan going forward, while ensuring that we do our best to meet our investors’ expectations.

The above changes will not impact your relationship with Momentum and the portfolio will be managed in a similar manner to the past.

Should you have any further queries in this regard please contact us directly.

Robert Walton
Chief Executive Officer
Momentum Collective Investments
083 327 1391

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