Hedge Funds (ZAR)The 36ONE FR Retail Hedge Fund is a single-strategy, equity long/short hedge fund with a low net equity bias that invests predominantly in South African listed equities and other financial instruments to enhance returns and manage risk.
| 36ONE FR QI Hedge Fund | 36ONE FR Retail Hedge Fund | 36ONE Absolute Alpha FR Retail Hedge Fund | |
|---|---|---|---|
| Fund currency | South African Rand | South African Rand | South African Rand |
| Mandate | Equity long/short hedge fund with South African focus | Equity long/short hedge fund with South African focus | Equity long/short hedge fund with South African focus |
| Risk | Moderate | Moderate | Low-Moderate |
| Liquidity | Monthly | Daily | Daily |
| Domicile | South Africa | South Africa | South Africa |
| Legal structure | FSCA regulated unit trust | FSCA regulated unit trust | FSCA regulated unit trust |
| Prime broker | Peresec Prime Brokers Cantor Fitzgerald Europe | Peresec Prime Brokers Cantor Fitzgerald Europe | Peresec Prime Brokers Cantor Fitzgerald Europe Standard Bank Prime Services |
| Administrator | Apex Fund and Corporate Services SA | Apex Fund and Corporate Services SA | Apex Fund and Corporate Services SA |
| Management company | FundRock Management Company | FundRock Management Company | FundRock Management Company |
What is the total cost of investing in the 36ONE FR Retail Hedge Fund?Fees (excluding VAT):
Management fee: 1% p.a.
Performance fee: 20% of gains using the high watermark
When do I receive redemption proceeds?Approximately 5 days after the end of the redemption notice.
When do I receive statements for my investment in the 36ONE FR Retail Hedge Fund?Approximately 7 days after month end.