To thrive in a low growth economy
you have to work harder and smarter:
Thriving in a low growth economy–
Working harder and smarter:
Working Harder:
We make long term investments in small and mid-cap JSE listed companies:
Most people are passively invested in the largest listed companies. They incur a significant opportunity cost as a result. We work harder and look beyond the obvious. We invest in companies that are under the radar of most investors. Companies that are often under-researched and mispriced. We look for companies that have a sustainable competitive advantage, or a strategy to unlock trapped value, or a new project, or potential acquisition. We regularly meet with the management of companies, and gain an edge through better insight.
Working Smarter:
We invest through a smarter investment structure- a Retail Investor Hedge Fund:
Traditional unit trusts have rules that limit investment flexibility. Segregated portfolios have high degrees of tax uncertainty. Retail Investor Hedge Funds are regulated collective investment schemes, that have increased investment flexibility, and the tax certainty of a unit trust.
Track Record:
Knowledge and experience compound over time:
We have a long track record in managing a Retail Investor Hedge Fund. Performance data for the Cogito Alpha Long Short Prescient Retail Investor Hedge Fund:
| Cogito Alpha (Net in ZAR) |
SWIX Allshare | USD vs ZAR | EUR vs ZAR | |
|---|---|---|---|---|
| 1 Year | 19.3% | 18.9% | -1.8% | -3.0% |
| 3 Year (annualised) | 7.4% | 4.4% | 7.8% | 7.0% |
| 5 Year (annualised) | 27.2% | 12.8% | 0.5% | 0.1% |
| Since Inception (annualised) | 8.1% | 7.3% | 6.0% | 4.2% |
| Lowest Rolling 1 Year Return | -32.5% | -23.4% | -20.2% | -19.6% |
| Highest Rolling 1 Year Return | 89.9% | 47.3% | 37.6% | 30.9% |
Working Harder:
We make long term investments in small and mid-cap JSE listed companies:
Most people are passively invested in the largest listed companies. They incur a significant opportunity cost as a result. We work harder and look beyond the obvious. We invest in companies that are under the radar of most investors. Companies that are often under-researched and mispriced. We look for companies that have a sustainable competitive advantage, or a strategy to unlock trapped value, or a new project, or potential acquisition. We regularly meet with the management of companies, and gain an edge through better insight.
Working Smarter:
We invest through a smarter investment structure- a Retail Investor Hedge Fund:
Traditional unit trusts have rules that limited investment flexibility. Segregated portfolios have high degrees of tax uncertainty. Retail Investor Hedge Funds are regulated collective investment schemes, that have increased investment flexibility, and the tax certainty of a unit trust.
Track Record:
Knowledge and experience compound over time:
We have a long track record in managing a Retail Investor Hedge Fund. Performance data for the Cogito Alpha Long Short Prescient Retail Investor Hedge Fund:
| Cogito Alpha (Net in ZAR) |
SWIX Allshare | USD vs ZAR | EUR vs ZAR | |
|---|---|---|---|---|
| 1 Year | 19.3% | 18.9% | -1.8% | -3.0% |
| 3 Year (annualised) | 7.4% | 4.4% | 7.8% | 7.0% |
| 5 Year (annualised) | 27.2% | 12.8% | 0.5% | 0.1% |
| Since Inception (annualised) | 8.1% | 7.3% | 6.0% | 4.2% |
| Lowest Rolling 1 Year Return | -32.5% | -23.4% | -20.2% | -19.6% |
| Highest Rolling 1 Year Return | 89.9% | 47.3% | 37.6% | 30.9% |
Frequently Asked Questions:
