Argon SA Equity Fund

The fund invests in listed equity securities that are trading at a discount to intrinsic value. We determine the intrinsic value by following a bottom-up valuation-based approach, focusing on a sustainable earnings level and price to earnings ratio.

 Product Objective

2% benchmark out-performance over a rolling 3-year period.

Benchmark

FTSE/JSE Shareholder Weighted Index (SWIX)

Risk Definition

Relative Risk

Risk Budget/Profile

  • Minimise intrinsic risk (modelling risk)
  • Minimise benchmark risk
  • Target client specified
  • We have the ability to manage to a client specified tracking error level

Time Horizon

3-5 years

Investment Universe

South African listed equity securities and listed property

Investment Strategy

Active, bottom up valuation based investing