Seed Investments vs Futuregrowth 2019

2019-03 Seed Market Overview

South Africa received another lifeline from Moody’s as the credit ratings agency kept the sovereign credit rating at investment grade. The statement issued said that while the local economy faces numerous problems, it still falls in line with other sovereigns that are rated Baa3. Eskom and other state-owned enterprises pose significant risks, but the country has proven to be resilient with strong core institutions and a solid financial sector …

Seed Income Prescient Fund A1 MDD

The Fund aims to generate STEFI Call + 1% pa over rolling 1 year periods and avoid negative returns over any 6 month period. The Fund is Regulation 28 compliant and is therefore suitable for investments in retirement funds. The net equity weighting (including global equity) will never exceed 10% of the Fund’s market value.

Seed Balanced Prescient Fund A1 MDD

The Fund aims to generate CPI+ 6% pa over rolling 5 year periods and avoid negative returns over any 3 year period. The Fund is Regulation 28 compliant and is therefore suitable for investments in retirement funds. The net equity weighting (including global equity) will never exceed 75% of the Fund’s market value.

Seed Global Fund A MDD

The Fund aims to generate a return of Libor + 3% pa over rolling 5 year periods and avoid negative returns over any 3 year period. The net equity weighting will never exceed 75% of the Fund’s market value.

Latest Seed Prescient Fund MDDs

Seed Stable Prescient Fund A1 MDD

The Fund aims to generate CPI + 4% pa over rolling 3 year periods and avoid negative returns over any 1 year period. The Fund is Regulation 28 compliant and is therefore suitable for investments in retirement funds. The net equity weighting (including global equity) will never exceed 40% of the Fund’s market value.

2019-02 Seed Market Overview

On the 29th of March, Moody’s will announce the results of its review of South Africa’s sovereign debt ratings. Moody’s is the only major ratings agency that has not already downgraded South Africa’s sovereign debt to junk. Currently, Moody’s has South Africa’s rating at Baa3, one notch above sub-investment grade. The outcome of the review might be any of the following…

2019-02 Seed Stable Prescient Fund A1 MDD

The Fund aims to generate CPI + 4% pa over rolling 3 year periods and avoid negative returns over any 1 year period. The Fund is Regulation 28 compliant and is therefore suitable for investments in retirement funds. The net equity weighting (including global equity) will never exceed 40% of the Fund’s market value.

2019-02 Seed Global Fund A MDD

The Fund aims to generate a return of Libor + 3% pa over rolling 5 year periods and avoid negative returns over any 3 year period. The net equity weighting will never exceed 75% of the Fund’s market value.