APPLICATION FORMS
Please contact Kanaan at secretary@kanaantrust.com for the necessary application forms to invest in one of our Active or Passive Wrap Funds locally or to invest in our Offshore Funds.
Our Local Funds as at 7 Oct 2021
We do have three wrap fund strategies in South Africa, with the one being very stable like a money market or a savings account, the one wrap fund consisting of the very best growth funds and the one wrap fund with the very best locally registered offshore funds and we invest the money of our clients proportionally in these funds according to their risk profiles and circumstances, but invest as far as possible their voluntary monies in our similar funds offshore. These local funds are:
Stable SA: This wrap fund intends to compete with local savings accounts and money market accounts with similar low STD (volatility), but will usually give more than 5% per annum net of fees and intends to be a source of income or emergency fund. The CAR has been 5.49% nett of fees since inception over the 3-year period. The STD has been 1.67%, almost as low as a money market account.
Equity SA: This is according to us one of the best equity growth wrap funds in South Africa and intends to give clients according to their risk profiles and circumstances maximum ZAR growth over the medium to the long term.
Global SA: This wrap fund consists, according to us, of the best locally registered offshore funds and will even do better than equities offshore over the medium to long term, with a CAR of 16.80% nett of fees since inception over a 3-year period, and a relative high STD of 17.90%, and a down STD of 6.45%, and therefore this fund is for the longer term of 3-5 years or longer.
Our Offshore Funds as at 7 Oct 2021
We usually encourage clients to invest most of their voluntary contribution monies offshore because of the better growth prospects over the medium to the long term.
Stable Offshore: This fund, like Stable SA, intends to make income or cash available to clients and intends to compete with Savings Accounts and Money Market Accounts, as the fund consist of hedge funds with a very low down STD (volatility) of 0.69% in USD, almost like that of a money market and 6.58% in ZAR. Although the collective CAR of the underlying fund, as of the 7th of October 2021, has been 10.78% nett of fees in USD and 16.78% nett of fees in ZAR with a very low down STD in USD, the down STD in ZAR is high and therefore we advise clients to withdraw their pension income annually and invest it in our Stable SA from where they can draw their monthly income.
Equities Offshore: The CAR of this fund since Jan 2017 is now exceptionally high, namely 21.39% net of fees in USD and 23.77% in ZAR. The Down STD is a high 6.54% in USD and 6.75% in ZAR that can go much higher, as this is a deep-value fund where we will not try to time the market corrections but will rather follow a strategy of buy and hold, and therefore this fund is for the longer term of 3-5 years and longer.
Moriah Global: This fund is also a growth fund, that consists of underlying hedge funds, and as of the 7th of October 2021, have proven themselves not to have crashed during the big market corrections and the CAR since Jan 2018 is 18.77% in USD and 25.2% in ZAR nett of fees. The down STD is very low compared to the high performance, namely 3.25% in USD and 9% in ZAR. Although this fund is not expected to give the very high returns of Equity Offshore, it is also not expected to ever give a negative year and a bigger portion of pension money can therefore be invested in this fund.
Currency Offshore: Andries van Tonder of our offices has started this fund experimentally from 1 Apr 2019 and it has a CAR up to 7 Oct 2021 of 243.65% in USD nett of fees with a down STD of only 5.61%. We have also registered this fund on the platform of the administrator IAL in Mauritius from 1 Oct 2021.