LAURIUM MARKET NEUTRAL PRESCIENT RI HEDGE FUND

As of 31 December 2023

Fund Details

The Laurium Market Neutral Prescient RI Hedge Fund is a single-strategy, market neutral equity hedge fund that focuses on listed South African equities.
It aims for less than 15% net zero exposure to the equity markets, with returns being generated from the best ideas in the portfolio.

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Fund Facts

Benchmark
STeFI
Risk Profile
Conservative
ASISA Category
SA Portfolios - Long Short Equity Hedge Funds - Market Neutral Hedge Funds
Fund Inception Date
01 January 2009
Fund size
R91m

Fund Performance

As of 31 December 2023
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Risk-return scatter-plot

As of 31 December 2023
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CAGR
Compound annual growth rate
Standard Deviation
Measures the absolute variability of a distribution; the higher the dispersion or variability, the greater is the standard deviation and greater will be the magnitude of the deviation of the value from their mean.
Cash (STeFI)
The STeFI (Alexander Forbes Short Term Fixed Interest Index) is a recognised benchmark of the returns earned in the South African money market.
Inflation (CPI)
The monthly change in the SA consumer price index (CPI)
Equity (JALSH TR)
JSE FTSE ALL SHARE INDEX

Sector Allocation (% of SA Equity Holdings)

As of 31 December 2023
  • Sector Allocation
    Net
    Long
    Short
  • Mining & Basic Materials
    14.8%
    18.9%
    -4.2%
  • Preferred Equity
    12.3%
    12.3%
    0.0%
  • Corporate & Gov Bonds
    12.0%
    12.0%
    0.0%
  • Industrials
    5.9%
    7.6%
    -1.6%
  • Consumer Goods & Services
    4.0%
    19.3%
    -15.4%
  • Financials
    2.9%
    12.9%
    -10.0%
  • Telcos, Media & Tech
    1.5%
    3.1%
    -1.5%
  • Property
    1.5%
    6.4%
    -1.7%
  • General Industrials
    -1.7%
    0.0%
    -1.7%
  • Healthcare
    -3.0%
    0.0%
    -3.0%
  • Index Futures and Options
    -21.0%
    0.0%
    -21.0%
  • Total
    29.2%
    92.5%
    -63.3%