The winners of the 2024 Edify Retail Hedge Fund Awards were announced on Thursday (6 March), and Anchor is proud and delighted to congratulate Anchor Fund Managers Liam Hechter, Matthew Auerbach and Damon Hoff on the Anchor Stable FR Retail Hedge Fund winning in the Best Growth Equity Retail Hedge Fund category. The AG Capital Rainbow FR Retail Hedge Fund and the AG Capital Opportunity FR Retail Hedge Fund were also nominated in the same category. AG Capital is part of the Anchor Group.
Each fund was evaluated over three years, ensuring a rigorous assessment of its consistency and resilience. The highest Sortino ratio determined the ultimate winner in each category. The Sortino ratio shows the risk-adjusted returns of an investment, and a fund is penalised only for volatility on the downside. The Anchor Stable FR Retail Hedge Fund‘s three-year compound return to 31 December 2024 was 13.6%.
Fund Manager Liam Hechter says the fund’s primary objective is to provide a stable return with as little volatility as possible. It is a rand-denominated South African long/short equity hedge fund focusing on capital preservation and targeting an absolute return in excess of cash.
The Edify Retail Hedge Fund Awards recognises excellence in South Africa’s Retail Investor Hedge Fund (RIHF) sector by acknowledging the top-performing funds. There are four award categories:
- Best Fixed Income Retail Hedge Fund
- Best Equity Retail Hedge Fund: Defensive
- Best Equity Retail Hedge Fund: Growth
- Best Multi-Strategy Retail Hedge Fund
The awards aim to foster engagement between hedge fund managers, financial advisors, and investors, enhancing understanding of the hedge fund sector with a specific focus on the retail market.
The Edify Retail Hedge Fund Awards play a crucial role in building credibility for hedge fund managers among the broader retail investor base. This is particularly important as the retail investor base has limited exposure to hedge fund products.
For more information on the abovementioned fund or to invest in the fund, please contact Anchor here.
The latest available minimum disclosure document (MDD) for the Anchor Stable FR Retail Hedge Fund can be found here.
Disclaimer
A schedule of fees, charges, and maximum commissions is available on request. Investment performance is for illustrative purposes only and is calculated by taking actual initial and ongoing fees into account for the amount shown with income reinvested on the reinvestment date. Past performance is not necessarily an indication of future performance. Annualised return is the weighted average compound growth rate over the period measured. Actual annualised figures are available to the investor on request. The forecast or commentary isn’t likely to occur.
Please refer to the Minimum Disclosure document for the full Disclosure Document.
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