The goal of the High Growth Fund is to create long-term wealth for investors by investing in our best investment ideas in the equity market and other asset classes. The fund aims to deliver industry leading long-term investment growth for our investors, while assuming moderate levels of risk. The historic risk indicators of the High Growth Fund are similar to those of traditional South African balanced funds.
High Growth Fund
SOUTH AFRICAN FLAGSHIP FUND
Fund Objective
Who should consider investing in the High Growth Fund?
The High Growth Fund is suitable for you if:
- You are looking for exceptional long-term capital growth
- You are comfortable to assume a moderate to high level of market risk
- You are ideally investing for at least five years
Performance net of all fees and expenses with all distributions reinvested
(as at 31 July 2022)
Value of R1 invested on 1 February 2000
Annualised net returns
(as at 31 July 2022)
Net returns since inception
(as at 31 July 2022)
| Net Return | High Growth Fund |
SA Multi Asset - High Equity Category |
|---|---|---|
| Cumulative | 12,268.08% | 804.55% |
| Annualised | 23.88% | 10.28% |
Risk measures
(as at 31 July 2022)
| Risk measures | High Growth Fund |
SA Multi Asset - High Equity Category |
|---|---|---|
| Maximum cumulative drawdown | -17.27% | -16.81% |
| Highest Annual Return | 71.61% | 39.47% |
| Lowest Annual Return | -16.20% | -14.75% |
| % Positive Months | 76.67% | 66.30% |
Important information on the calculation of net returns and risk measures:
- The calculation of net returns and the risk measures comprises data from the inception of the Peregrine Capital High Growth Fund en Commandite Partnership on 1 February 2000 until 30 November 2016, thereafter the data relates to the Peregrine Capital High Growth H4 QI Hedge Fund (“High Growth Fund”).
- The High Growth Fund does not have a benchmark and does not contribute towards the return of the ASISA South African Multi Asset – High Equity Category.
- The South African Multi Asset – High Equity Category is defined in the ASISA Standard on Fund Classification for South African Regulated Collective Investment Scheme Portfolios.
- The market value-weighted average return of portfolios in the ASISA South African Multi Asset – High Equity Category from 1 February 2000 to 31 January 2013, was the market value-weighted average return of the funds in both the Domestic Asset Allocation Medium Equity and Domestic Asset Allocation Variable Equity sectors of the previous ASISA Fund Classification Standard.
- The FTSE/JSE Capped SWIX All Share Index comprises data from 1 February 2000 until November 2016 from the FTSE/JSE All Share Index.
Our High Growth Fund has proven it’s pedigree – R1m at inception is worth more than R100m today*
*Source: Peregrine Capital as at 31 July 2022
Risk Profile
The Fund Fact Sheet contains all the information and disclosures as required by the Financial Sector Conduct Authority (FSCA).
Portfolio Managers
Jacques joined Peregrine Capital in 2007 and is a Portfolio Manager of all the Peregrine Capital Funds, while also being Managing Director of the business. Jacques started his career at Old Mutual in 2006, where he worked in the Life Insurance Product Development team, and qualified as an Actuary. In 2005, as a student at Stellenbosch University, Jacques was awarded the Chancellor’s medal for being the top graduating student. He has represented South Africa at the International Mathematical Olympiad and International Olympiad in Informatics, winning Bronze medals at both events. Jacques is a member of the investment committee of the Mandela Rhodes Foundation and is a CFA charterholder.
David co-founded Peregrine Capital in 1998 and is a Portfolio Manager of all the Peregrine Capital Funds, while also being Executive Chairman of the business. David started his career at Liberty Asset Management, where he was Assistant General Manager, mainly involved in non-consumer industrial company research. David was appointed Sector Research Head for this area in 1998. David qualified as a CA (SA) in 1994, after completing his articles at KPMG Inc.
BAcc Sci cum laude, HDip Acc, CA (SA)
Justin joined Peregrine Capital in March 2013 and is a Portfolio Manager of all the Peregrine Capital Funds. He qualified as a CA (SA) in 2015, after completing his articles at Ernst and Young. Justin was nominated for the Dean’s list at the University of the Witwatersrand in 2006 and 2007.
BCom (Hons), CFA
Simon joined Peregrine Capital in May 2009 and is a portfolio manager. Simon completed his BCom (Hons) in Investment Management at the University of Pretoria in 2008 and is a CFA charterholder. During his studies, he led and won the University of Pretoria’s final year BCom Investment Management Project.
BCom cum laude, PGDA cum laude, CA (SA), CFA
Matthew joined Peregrine Capital in May 2018 and is a portfolio manager. Prior to this, Matthew worked for Rezco Asset Management as an investment analyst for 18 months. Matthew qualified as a CA (SA) in 2017, after completing his articles via the Nedbank CA Training Programme and is a CFA charterholder. Matthew was placed 4th nationally in the 2014 SAICA ITC (First Chartered Accountant Board exam).