Award-winning Novare Fund celebrates 20 years of outperformance by defying market odds

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[Promoted] Award-winning Novare Fund celebrates 20 years of outperformance by defying market odds

Novare Holdings, one of South Africa’s fund of hedge funds pioneers, is celebrating 20 years of outperformance with its award-winning Novare Mayibentsha Moderate Qualified Fund of Hedge Funds.

The flagship fund won the coveted HedgeNews Africa Award Fund of Hedge Funds category in 2012 and 2020. A fund of hedge funds pools assets from multiple investors and then picks various specialised funds to invest across different strategies, markets and sectors. Since its inception, the fund has returned an annualised 10.1%, compared with 9.1% for its benchmark.

Novare has established itself in the hedge fund industry through its range of offerings and the annual Novare Hedge Fund Survey. This objective serves as Novare Mayibentsha Moderate Qualified Fund of Hedge Funds’ benchmark and hurdle rate.

 

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