The Managed Equity fund aims to significantly outperform its benchmark over time and be fully invested in South African equities on a consistent basis. It is actively positioned in our best ideas, based on our team’s bottom-up stock-picking process. This fund invests in South African equities and does not have explicit risk constraints. It is benchmarked against the FTSE/JSE Capped SWIX Index and is available in segregated or pooled form. Segregated mandates may be available with alternative benchmarks.