The objective of Prime NextGen Flexible Fund is to provide investors with superior long-term capital appreciation by using the next generation (NextGen) of investment strategies in a diversified range of local and foreign asset classes.
The manager’s investment philosophy is to invest in high probability investment opportunities given the prevailing market conditions. These investment opportunities will be identified by utilising sophisticated machine learning algorithms. Different machine learning algorithms enable the fund manager to develop unique investment strategies that draw from different risk factors. Optimisation algorithms will then be used to construct an optimal portfolio for the desired annualised volatility from the unique investment strategies and other uncorrelated asset classes.
The fund is suitable for South African institutional and private wealth clients who desire diversified asset allocation.
Regulation 28: No
Benchmark: FTSE/JSE Capped Shareholder Weighted Index
Risk Profile: Moderate
Launch Date: 19 October 2023
Minimum Investment: R50,000
Minimum Regular Investment: R1,000
Ideal Investment Timeframe: 3 years to 5 years
