Raging Bull winners: South Africa’s best unit trust funds and management companies

Raging Bull winners: South Africa’s best unit trust funds and management companies

TOP OUTRIGHT PERFORMERS
The top performers to December 2013 on a straight performance basis in asset and sector-specific ASISA categories (including the main Multi-Asset sub sectors).
Methodology: Funds are ranked on a 3-year lump sum NAV to NAV basis (i.e. entry costs not taken into account) with income distributions reinvested at the ex-dividend date.
Calculations by ProfileData

TOP OUTRIGHT PERFORMERS ON A STRAIGHT PERFORMANCE BASIS

Best South African Equity Funds
4 certificates

• Best SA Equity Industrial Fund : SIM Industrial Fund (R class) collected by Marlo Schultz
• Best SA Equity Financial Fund: Nedgroup Investments Financials Fund (R Class)  collected by Matthew de Wet
• Best SA Equity Resources Fund: Nedgroup Investments Mining and Resource Fund (R class) collected by Matthew de Wet
• Best SA Equity Smaller Companies Fund: Nedgroup Investments Entrepreneur Fund (R Class) collected by Matthew de Wet

• The Raging Bull Award for the Best South African Equity General Fund goes to: MAZI CAPITAL MET EQUITY FUND (A1 Class)  collected by Malungelo Zilimbola

BEST South African Multi-Asset Funds excluding Multi-Asset Income Funds
4 certificates

• Best SA Multi-Asset Flexible Fund 36ONE MET Flexible Opportunity Fund collected by Cy Jacob
• Best SA Multi-Asset Low Equity Fund Prudential Inflation Plus Fund (A Class) collected by Michael Moyle
• Best SA Multi-Asset Medium Equity Fund 27 Four Balanced Prescient Fund of Funds (A1 Class) collected by Nadir Thokan
• Best SA Multi-Asset High Equity Fund Rezco Prudential Fund (A Class) collected by Rob Spanjaard

BEST South African Interest Bearing and Multi-Asset Income Funds
3 certificates

• Best SA Interest-Bearing Variable-Term Fund STANLIB Bond Fund (A Class) collected by Victor Mphaphuli
• Best SA Interest-Bearing Short-Term Fund Investment Solutions Income Fund (A Class) collected by Chris Hart
• Best SA Multi-Asset Income Fund Coronation Strategic Income Fund (A Class) collected by Mark le Roux

• The  Raging Bull Award for the Best South African Interest-Bearing Fund goes to : Coronation Strategic Income Fund (A Class) collected  by  Mark le Roux

BEST South African Real Estate Fund –
1 certificate to Nedgroup Investments Property Fund (A Class) collected by Matthew de Wet

BEST (SA Domiciled) Global and Worldwide Funds
       6 certificates

• Best (SA Domiciled) Global Multi-Asset Flexible Fund RE-CM Global Feeder Fund (A Class) collected by Jan van Niekerk
• Best (SA Domiciled) Global Multi-Asset Low Equity Fund Coronation Global Capital Plus (ZAR) feeder Fund (A Class) collected by Louis Stassen
• Best (SA Domiciled) Global Multi-Asset High Equity Fund Coronation Global Managed (ZAR) Feeder Fund (A Class) collected by Gavin Joubert
• Best (SA Domiciled) Global Real Estate Fund STANLIB Global Property Feeder Fund (A Class ) collected by Keillen Ndlovu
• Best (SA Domiciled) Regional Interest-Bearing Short-Term Fund ABSA Pound Sterling Income Fund collected by Greg Kettles
• Best (SA Domiciled) Global Interest-Bearing Variable –Term Fund Prudential Global High Yield Bond Fund of Funds collected by Michael Moyle
• Best (SA Domiciled) Worldwide Multi-Asset Flexible Fund Coronation Optimum Growth Fund (A Class) collected by Gavin Joubert

• The Raging Bull for the Best (SA Domiciled) Global Equity General Fund goes to Old Mutual Global Equity Fund (R Class) collected by Diane Radley

BEST (FSB – approved) Offshore Funds
6 certificates

• Best (FSB-approved) Offshore Europe Equity General Fund Templeton Euroland Fund collected by Lloyd Fisher
• Best (FSB-approved) Offshore Far East Equity General Fund Orbis SICAV Asia Ex-Japan Equity Fund collected by Seema Dala
• Best (FSB-approved) Offshore USA Equity General Fund Lloyds Investment Funds Limited North American Fund collected by Alex Dearman
• Best (FSB-approved) Offshore Global Real Estate Fund Oasis Crescent Global Property Equity Fund (Ireland)   collected by Adam Ebrahim
• Best (FSB-approved) Offshore Global Fixed Interest Bond Fund STANLIB Multi Manager Global Bond Fund collected by Malcolm Holmes
• Best (FSB-approved) Offshore Global Asset Allocation Fund Coronation Global Managed (USD) Fund collected by Louis Stassen

      The Raging Bull for the Best (FSB-approved) Offshore Global Equity Fund Contrarius Global Equity Fund (Ireland) collected by Heaton van der Linde

Total 25 certificates/ 4 awards

TOP RISK-ADJUSTED PERFORMERS: Certificate and Raging Bull presentations 

Top performers to December 2013 on a risk-adjusted basis in the multi- asset allocation and real estate sectors plus the largest other ASISA sectors based on market capitalisation.  The PlexCrown fund rating methodology, which incorporates risk-adjusted returns and consistency of performance, is used to rate and rank funds for these awards. Passive funds are not rated and funds in non-rated sub categories and sectors (eg Money market funds) are not taken into consideration.
To qualify for a rating a fund must have a return history of at least five years in a sub category /sector with at least five qualifying funds

Risk adjusted methodology: The PlexCrown system combines risk-adjusted returns based on performance statistics from ProfileData with standard risk measures, consistency measures, and measures of downside risk and managerial skill.  Performance over five-year and three-year periods is taken into account. 

Presentation of Certificates/Raging Bulls for Top Risk-Adjusted performers 

TOP PERFORMERS ON A RISK-ADJUSTED BASIS

• Raging Bull for the Best South African General Equity Fund on a risk-adjusted basis goes to Marriott Dividend Growth Fund (R Class) collected by Lourens Coetxee

BEST South African Multi-Asset Funds (excluding Multi-Asset Income Funds) on a risk-adjusted basis
3 certificates

• Best SA Multi-Asset Low Equity Fund 27 Four Stable Prescient Fund of Funds (A1 Class)  collected by Fatima Vawda
• Best SA Multi-Asset Medium Equity Fund Prescient Positive Return QuantPlusFund (A1 Class) collected by Liang Du
• Best SA Multi-Asset High Equity Fund Olympiad MET Managed Fund of Funds (A Class) collected by Wynand Steyn

2 awards

• The Raging bull for the Best SA Multi-Asset Equity Fund goes to: Prescient Positive Return QuantPlus Fund (A1 Class) collected by Liang Du
• The Raging Bull for the Best SA Multi-Asset Flexible Fund goes to: 36ONE MET Flexible Opportunity Fund collected by Cy Jacob

BEST South African Interest Bearing and Multi-Asset Income Funds on a risk-adjusted basis
4 certificates

• Best SA Interest-Bearing Variable-Term Fund Allan Gray Bond Fund (A Fund)  collected by Jeanette Marais
• Best SA Interest-Bearing Short-Term Fund Nedgroup Investments Core Income Fund (B Class) collected by Matthew de Wet
• Best SA Multi-Asset Income Fund Saffron MET Opportunity Income Fund (A Class) collected by Brandon Quinn
• BEST South African Real Estate Fund on a risk-adjusted basis– Oasis Property Equity Fund (D Class)  collected by Adam Ebrahim

BEST (SA Domiciled) Global and Worldwide Funds on a risk – adjusted basis
       4 certificates

• Best (SA Domiciled) Global Equity General Fund Old Mutual Global Equity Fund (A Class) collected by Diane Radley
• Best (SA Domiciled) Global Multi-Asset High Equity Fund Investec Global Strategic Managed Feeder Fund (A Class) collected by Jaco van Tonder
• Best (SA Domiciled) Global Multi-Asset Flexible Fund RE-CM Global Feeder Fund (A Class) collected by Jan van Niekerk
• Best (SA Domiciled) Worldwide Multi-Asset Flexible Fund Foord Flexible Fund of Funds (R Class) collected by Mario Schoeman

BEST (FSB – approved) Offshore Funds on a risk-adjusted basis
4 certificates

• Best (FSB-approved) Offshore Far East Equity General Fund Orbis SICAV Asia Ex-Japan Equity Fund collected by Seema Dale
• Best (FSB-approved) Offshore Global Real Estate Fund Oasis Crescent Global Property Equity Fund ( Ireland)  collected by Adam Ebrahim
• Best (FSB-approved) Offshore Global Fixed Interest Bond Fund STANLIB Global Bond Fund collected by Paul Hansen
• Best (FSB-approved) Offshore Global Equity General Fund Franklin Global Small-MidCap Growth Fund collected by Lloyd Fisher

1 award

• The Raging Bull for the Best (FSB-approved) Offshore Global Asset Allocation Fund goes to

Lloyds Multi Strategy Fund Limited Growth Strategy collected by Alex Dearman

Total 15 certificates and 4 awards

Final: Top Management companies of the Year awards

The unit trust management companies with the most impressive and most consistent overall performance across their families of funds taking into account all factors (performance, risk-management and consistency).
Methodology: The awards are based on the highest average PlexCrown rating for the suite of funds per major asset class managed by each management company, with weights being applied to asset classes. Passive funds are not rated and funds in non-ranked sub – categories and sectors (eg, money market sectors) are not taken into consideration.

The overseas-domiciled management company with the best overall performance across sectors consisting of a suite of five or more non-rand-denominated funds with at least three years’ history:

• The Raging Bull for the OFFSHORE MANAGEMENT COMPANY OF THE YEAR goes to Lloyds  collected by Alex Dearman

BEST South African Management Companies

• SOUTH AFRICAN MANAGEMENT COMPANY OF THE YEAR – 3RD PLACE

Nedgroup investments  collected by Matthew de Wet

• SOUTH AFRICAN MANAGEMENT COMPANY OF THE YEAR – 2ND PLACE

Allan Gray collected by Jeannette Marais

SOUTH AFRICAN MANAGEMENT COMPANY OF THE YEAR: 

The Raging Bull for the SA-domiciled management company with the best overall performance across sectors consisting of a suite of five or more rand-denominated funds with at least a five year history. Asset Class management and fund sizes are incorporated

• Coronation  collected by Louis Stassen