Hendrik has fourteen years experience in the financial services industry; he holds ICMQ (London) and is a full member of the South African Institute of Financial Markets. Hendrik has developed his professional expertise in the financial markets through being actively involved in the financial markets and by holding a senior management position at Dynamic Wealth Management. Hendrik joined Ankh Analytic during July 2009.
FUND OBJECTIVES AND FOCUS
The fund complies with Regulation 28 of the South African Pension Fund Act and its primary objective is the preservation of investor capital over the shorter term while providing consistent real returns over the medium term thus compounding significant long term capital growth. In achieving its objective, the fund will comprise of a combination of cash, liquid capital market instruments and protected equity within a specialist rules-based asset allocation framework. The asset allocation will be actively managed and will continually reflect the portfolio managers? views of the relative attractiveness of the equity-, bond- and money markets to its mean and also relative to one another on a risk-return basis. The return objective of the fund is twofold: Firstly the fund aims to produce superior returns versus bank deposits on an after tax basis and secondly the fund will aim to outperform the peer average of the AA-Prudential-Equity Low CIS Sector. The SA equity component is limited to 40% of the portfolio and is protected through the use of derivatives and other instruments ensuring reduced downside and volatility. The portfolio is structured to ensure participation in positive market cycles and protect capital in negative market cycles. The asset classes will be allocated according to the following limits: Equity Securities - low 0%, high 40%; Non-equity Securities - low 0%, high 100%; Listed Property Securities - low 0%, high 25%; Money Market Instruments - low 0%, high 100%.