Capability Insights | Blended Equity

By Cornelius Zeeman,
Fairtree Portfolio Manager

Optimising Performance: The Case for Blended Equity Funds.


Efficiencies in Stock Selection.


By combining local and global investment strategies, Fairtree gains efficiencies in stock selection. This approach enables the replacement of underperforming local stocks with more favourable global alternatives, which have the same drivers, thereby enhancing the potential portfolio performance.

Elimination of Duplication and Missed Themes.


Using different management teams might lead to unintended concentrations or missed investment themes. There is risk of inadvertently doubling up on investment themes or overlooking specific opportunities when using multiple managers for local and global exposures. By consolidating management under one experienced team, you can mitigate this risk.

Access to Wider Opportunity Set.


By combining local and global strategies, Fairtree gains access to a broader universe of investment opportunities. This wider range enables the team to express investment ideas more effectively and access higher-quality growth companies.

Efficiencies in Asset Allocation.


Fairtree has a flat structure, which enables quick decision-making. Agility in asset allocation is important during volatile times.

Allocating to the JSE is not necessarily the same as allocating to SA Inc. Allocating to Global Equities also entails various implied choices – Style (Growth, Quality, Value, etc) and Geography (DM vs EM). Owning these decisions and having proper see-through visibility improves the efficiency of asset allocation.

Improved Liquidity suits our Active Style.


Fairtree manages funds in a highly active manner. Global markets are more liquid, which makes it easier to be nimble and express our investment views.

Proven Track Record.


Fairtree’s team of investment professionals has a successful track record in delivering alpha on both local and offshore investments through our existing standalone funds: Fairtree Equity Prescient Fund (local) and Fairtree Global Equity Prescient Feeder Fund (offshore). Fairtree aims to extend this success by combining these capabilities in a single, blended equity fund.


Fairtree Asset Management (Pty) Ltd is an authorised financial services provider (FSP 612). Collective Investment Schemes in Securities (CIS) should be considered as medium to long-term investments. The value may go up as well as down and past performance is not necessarily a guide to future performance. CISs are traded at the ruling price and can engage in scrip lending and borrowing. A schedule of fees, charges and maximum commissions is available on request from the Manager. A CIS may be closed to new investors in order for it to be managed more efficiently in accordance with its mandate. There is no guarantee in respect of capital or returns in a portfolio. Performance has been calculated using net NAV to NAV numbers with income reinvested. The performance for each period shown reflects the return for investors who have been fully invested for that period. Individual investor performance may differ as a result of initial fees, the actual investment date, the date of reinvestments and dividend withholding tax. Full performance calculations are available from the manager on request. Annualised performance shows longer term performance rescaled to a 1-year period. Annualised performance is the average return per year over the period. Actual annual figures are available to the investor on request. Highest and lowest is returns for any 1 year over the period since inception have been shown. NAV is the net asset value represents the assets of a Fund less its liabilities. A Feeder Fund is a portfolio that invests in a single portfolio of a collective investment scheme which levies its own charges, and which could result in a higher fee structure for the feeder fund. Prescient Management Company (RF) (Pty) Ltd is registered and approved under the Collective Investment Schemes Control Act (No.45 of 2002). For any additional information such as fund prices, fees, brochures, minimum disclosure documents and application forms please go to

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