There are no shortcuts to wealth creation. It’s about doing the right things at the right times, over and over again. We don’t believe in cutting corners or compromising on our values for short term gains.

Jun 13, 2018

Flexible Income Plus fund Turns 5!

Flexible Income Plus Fund boasts best in category returns since inception


Cape Town, 12 June 2018: Fairtree’s Flexible Income Plus Fund celebrated its ‘5th birthday’ by remaining best-in-category since inception. The fund also recently surpassed the R500m level in terms of assets under management and forms an integral part of the >R5bn in assets managed by the Fixed Income Team at Fairtree Capital.

The Fairtree Flexible Income Plus Prescient Fund, managed by Paul Crawford and Louis Antelme,  offers superior risk-adjusted returns and low correlation to traditional asset classes, as well as the fund peer group, and provides important portfolio construction benefits when using the fund in a well-diversified income portfolio.

The fund invests in the corporate bond market and follows a credit mandate – making it a very useful diversifier alongside traditional income funds. The fund has been used extensively to meet the post-retirement income needs of clients (living annuity products) and has successfully produced inflation-beating returns – enabling clients to achieve required income outcomes.

According to Fund Manager Paul Crawford, investing is not exclusively an art or a science but should rather be approached as an engineering problem, resulting in a solution which should achieve a specific investment outcome. “This is one of the fundamental reasons behind the intellectual depth of our Newlands-based, Fairtree Fixed Income Team that incorporates specialised quantitative and mathematical skills that complement an engineering, solution-based focus,” said Crawford.

“To reach a five-year track record is a milestone for investment management teams, but to do so with outstanding top performance in its respective income fund category is a remarkable achievement,” said Bradley Anthony, Chief Investment Officer at Fairtree.

The team aims to consistently deliver the STEFI +3% (after fees) target return of the Fund by way of careful risk management and broad diversification. The fund invests in a broad range of instruments – more than 120 – and does so in order to provide a ‘diversified first line of defense’ against possible credit defaults. Instruments are carefully assessed by the team prior to being included in a broad-based, credit portfolio.

Obtaining desired return outcomes and putting ‘runs on the board’ are core to the philosophy and process implemented in managing the Fund and the broad range of instruments from the investable universe ensures a superior risk-adjusted return over time.


The Fund is a largely domestic, high yield, fixed income portfolio which aims to return STeFI +3% after fees through the interest rate cycle. The portfolio is suited to investors seeking the highest possible income yield with the tolerance for some capital volatility in the case of credit defaults.

The portfolio is positioned as a multi-asset income portfolio to reflect the portfolio’s flexible mandate in terms of accessing a broad spectrum of underlying high yielding assets including property and securities linked to equities with due consideration being given to the lower risk mandate for the portfolio, using appropriate strategies to minimize risk where necessary.







Jun 19, 2019

Income funds are critical building blocks of a balanced fund

Published on Moneyweb 29 May 2019.


Jun 10, 2019

Multi Asset Class Fund

Published on Moneyweb 28 May 2019


Jun 10, 2019

Fairtree’s balancing act

Featured on Moneyweb 27 May 2019



Investors should take cognisance of the fact that there are risks involved in buying or selling any financial product and that past performance of a financial product is not necessarily indicative of its future performance. The value of financial products can increase as well as decrease over time, depending on the value of the underlying securities and market conditions. 

Hedge funds are portfolios of collective investment schemes and are regulated under the Collective Investment Schemes Control Act, 45 of 2002. Investments in portfolios of collective investment schemes are generally medium to long term investments. Collective investments are traded at ruling prices and may engage in scrip lending and borrowing. The manager of a collective investment scheme may close a portfolio to new investors in order to manage the portfolio more efficiently in terms of its mandate.

The information and documentation presented on this site do not constitute a solicitation, invitation or investment recommendation. Prior to selecting a financial product or fund it is recommended that investors seek specialised financial, legal and tax advice. Fairtree Asset Management (Pty) Ltd accepts no liability of any kind resulting from reliance being placed on any information contained on this website. Fairtree Asset Management (Pty) Ltd endeavours to provide accurate and timely information, but makes no representation or warranty as to the correctness, accuracy, completeness or suitability of any of the information contained on this website. The laws of the Republic of South Africa shall govern any claim relating to or arising from the contents of this website.


Yes, Please Proceed    Sorry I cannot Accept Terms