Hybrid Fund Management

About SA Asset Management Hybrid Funds

The SA Asset Management Hybrid Fund range builds upon the strengths of the analyst team to form an aggregated view across geographies and asset classes. The strategies focus primarily on strategic asset allocation; building portfolios that are largely unconstrained but fit within the bounds of regulation such as South Africa’s Regulation 28 requirements, liquidity requirements and minimizing cost of trade. 


SAAM’s strategic asset allocation provides investors the opportunity to be proactive towards short term fluctuations while tactically we provide a long-term view based on our proprietary economic model.

SA Asset Management’s main objective is to provide investors with long term capital growth on a risk-adjusted basis, while allowing assets to be diversified throughout all spectrums of the investment universe.


The wide range of fund options with different investment styles, managers moving around and macroeconomic fundamentals constantly changing, the selection of underlying funds for investment solutions can become daunting. A Hybrid solution can be the ideal solution for advisers who want to focus on clients’ financial planning requirements.

What we believe

SA Asset Management believes that there are specialist fund managers in all sectors. We build our hybrid solutions on building blocks such as SA Equity, Global Equity, Property and Fixed Income. Selecting the best fund managers in each category to manage a client’s wealth and give the client the opportunity to have exposure to some of the top-quality fund managers in the industry. 


We believe in building partnerships. Building partnerships with investors and a broad variety of fund managers allows us to partner with investors and provide them with the best fund managers in one solution. 

Why we believe building blocks is the best way to create a fund.
For SA Asset Management, the building blocks approach creates the perfect solution to create the a “best of the best” fund. This statement is predicated on the following:
  • One fund manager house cannot be the best across all asset classes. Fund managers tend to choose a category such as equities or fixed income and become experts in a field.
  • Diversification becomes an even more in-depth element as we can differ between managers in one class; for example, have a high conviction equity fund manager combined with a blended approach in one sector.
  • The makeup of the South African market creates a lot of opportunities. Fund managers are sometimes constraint to a mandate which can become problematic in some instances in the business cycle; for example, not being invested in credit when spreads narrow to almost zero.
  • Due to economic and political conditions, a building block approach allows the investor to de-risk in a quick and prompt manner and allocate the funds to the most appropriate fund for the opportunity.

Solutions

SAAM BCI Cautious Fund

The Fund seeks to provide a high level of income combined with long term capital stability. Investments to be included may comprise assets in liquid form, money market instruments, interest bearing instruments, bonds, debentures, corporate debt, equity securities, property securities, preference shares, convertible equities and non-equity securities.

Factsheet
SAAM BCI Moderate Fund

The Fund seeks to provide a moderate long-term total return. Investments to be included may comprise assets in liquid form, money market instruments, interest bearing instruments, bonds, debentures, corporate debt, equity securities, property securities, preference shares, convertible equities and non-equity securities.

Factsheet
SAAM BCI Managed Fund

The Fund seeks to provide a high long-term total return. Investments to be included may comprise assets in liquid form, money market instruments, interest bearing instruments, bonds, debentures, corporate debt, equity securities, property securities, preference shares, convertible equities and non-equity securities.

Factsheet

Our process

SA Asset Management follows a top down approach that relates to the study of economic fundamentals as a base for investment structures. After reviewing economic fundamentals, we apply a three-phase fund attribution analysis which we believe adds value in overall outperformance. The philosophy is a continues analysis for investment cases to enable our partners with what we believe to be the most optimal way to construct and maintain their investment solutions.


At SA Asset Management, we fundamentally believe that we can identify specialists within each investable asset class. By pooling these specialists together, we construct three regulation 28 compliant, risk-adjusted investment solutions based on what the industry knows as building blocks. 

Strategic Asset Allocation

SA Asset Management believes that if our funds are allocated in line with the category average, our superior underlying funds, who specialises in an asset class, will achieve above market returns in the long term. We do however retain a risk return policy and if our strategic asset allocation differs from our peers, adjustments will be made.

Tactical asset allocation

Short term volatility within asset classes and geographies, provide opportunities and threats to all fund managers. We allow a deviation from the category average in our asset classes if political, economic or market situations reflects to above mentioned opportunities or threats.

Based on our macroeconomic research we can effectively implement our funds  with regard to the following:

  • Asset classes that provide opportunities or indicate threats.
  • Geographical allocation tilts if we take a view on a country specific,

Why SA Asset Management?

SA Asset Management does not believe in relationships but rather in partnerships. We strongly believe that a Hybrid manager should be a partner in your business to focus on your clients’ investment needs. The focus should be on service, clear communication, and the education of complex investment structures and solutions to always ensure that the underlying interest of all parties are aligned.

investment expertise

A team with valuable qualifications and experience in the investment industry with a high standard of service towards all our clients.

As a multi-manager, we have access to all large, as well as boutique fund managers with their own unique skills and capabilities.

investment experience

SA Asset Management has industry experience since 1995, and we have developed the expertise to keep a high standard of service with quality decision making.

Through experience and years of investment management, we believe that transparency with regards to the underlying fund managers and fees build partnerships for the long-term. 

independence

SA Asset Management is a privately owned establishment without undue influence which leads to an unbiased holistic investment process to manage investment products and solutions.

We believe in a truly independent product offering ensuring diversification across asset class and asset managers in every risk-adjusted solution.

service driven

SA Asset Management has an open-door policy and pride ourselves in quality service to ensure our clients are informed and understand our investment products.

We provide access to all our research, resources, and expertise of our experienced investment team on our solutions which are available on a wide range of the largest Linked Investment Service Provider platforms in South Africa.

With one relationship, one point of contact, SA Asset Management is your investment partner.