Rezco Equity Fund
A high-conviction South African equity fund seeking long-term capital growth through active stock selection and disciplined portfolio risk oversight.
The Rezco Equity Fund is a pure South African equity strategy that aims to achieve returns in excess of the FTSE/JSE All Share Index over rolling 3–5 year periods. The portfolio targets a high allocation to South African growth assets and is constructed with flexibility rather than being locked into a single “style box”.
Our approach is Growth at the Right Price (GARP): we focus on businesses with strong earnings potential, sustainable revenue streams, and conservative balance sheets, at reasonable valuations. We build a concentrated set of best ideas, while remaining deliberate about portfolio construction, liquidity, and exposure management.
The fund is designed to play a clear role within diversified portfolios—providing South African equity exposure with an emphasis on thoughtful active risk-taking and repeatable decision-making through market cycles.
Category
ASISA South African EQ General
Launch Date
March 2014
Regulation 28
No
Benchmark
FTSE/JSE All Share
Risk Rating
Aggressive
Fund ticker
REEF
Performance
C
Class
As of
Use the return series to assess how the fund has performed across different market environments and over appropriate equity time horizons (typically 3–5 years). Returns are most useful when viewed alongside the benchmark and peer group to understand relative outcomes through both strong and difficult markets.
SHARPE RATIO
0.0
Risk-adjusted return measure
STANDARD DEVIATION
0.0%
Total volatility
Sortino Ratio
0.0%
Downside risk
Cumulative Performance
Holdings
Holdings and sector exposures are shown as at the latest reporting date to support transparency and due diligence. Because the fund is actively managed, positions can change as opportunities evolve and risk is managed. For the most current detail, refer to the latest factsheet and monthly commentary.
Allocations
Asset and sector allocations provide a snapshot of how the fund is positioned across major building blocks such as equities, bonds, and money market instruments, including local and offshore exposure where applicable. These allocations are actively managed and will change as the opportunity set and risk environment shifts.
Sector Allocation (Equities Only)
Investor Profile
The Rezco Equity Fund is suitable for investors who:
- Have a high tolerance for investment risk and are comfortable with short-term portfolio volatility
- Are seeking long-term growth from South African equities
- Want active management within a disciplined and transparent investment process
- Have a minimum recommended investment horizon of 5 years or more
A message from the portfolio manager
Rob Spanjaard, Chief Investment Officer and Portfolio Manager
The Rezco Equity Fund is built for investors who want South African equity exposure delivered through a disciplined, research-led process. We apply a GARP lens—seeking companies with durable earnings potential and strong business quality at sensible valuations—then build a concentrated portfolio where each holding has to earn its place.
Our job is not only to find opportunities, but to construct a portfolio that can stay investable through changing conditions. That means continuously testing investment cases, monitoring exposures, and using macro context to inform decisions—so we can pursue long-term capital growth through market cycles.
Get in contact
Need more fund details, due diligence documents, platform availability, or help with forms? Send us a message and we’ll route your query to the right person.
For investment, additional investment, and disinvestment forms (and submissions), use the forms section below.
A disciplined equity process, grounded in fundamentals.
Our investment approach begins with the belief that share prices, over time, follow the intrinsic value of the businesses they represent. We look for companies with strong earnings power, sustainable competitive advantages, and clean balance sheets—and we aim to buy them at prices that offer a margin of safety.
Our philosophy is built on the belief that long-term outcomes improve when decisions are anchored in fundamental research and executed with consistency. We focus predominantly on bottom-up stock selection, supported by quantitative and qualitative work, and we incorporate macro considerations—such as interest rates and currency dynamics—when constructing the portfolio.
This approach helps us stay focused on business quality and valuation discipline while remaining deliberate about portfolio exposures through different market regimes.Rather than follow a narrow style, we adopt a Growth at the Right Price (GARP) philosophy: we want exposure to businesses that can compound value, purchased at fair or attractive prices. We are benchmark-aware but not benchmark-bound, allowing the portfolio to express conviction without unnecessary constraints.
Invest Now
To invest in the Rezco Equity Fund, complete the relevant application form below and email it to operations@rezco.co.za. Our team will guide you through the process.
Important: The forms above are for direct investment with Rezco Asset Management. Before investing, please ensure you have read and understood the fund's MDD and other disclosures available on this page.
Explore Other Funds
Rezco offers a range of actively managed funds, each designed to meet different investment objectives. Whether you're looking for growth, balanced exposure, or capital preservation, explore the options below.