Centaur FR SA Equity Fund

Fund Description:

The Centaur FR SA Equity Fund invests in South African shares where we utilise stock picking to try outperform the Fund’s benchmark.

Fund Category:

SA Equity SA General

Inception Date:

30 November 2023

Objective:

The Fund targets real returns of at least 7% per annum.

Benchmark:

100% FTSE JSE Capped All Share Index (J303T).

Fees on Class A (ex. VAT):

Annual fee:	1.25% per annum.
Performance fee:	20% above benchmark over rolling 1-year period, capped at 2% p.a.

Download MDDs (Factsheets)

Latest MDD (Factsheet):	June 2026
Historical MDD (Factsheet):	Select MDDMay 2026April 2026March 2026February 2026January 2026December 2025November 2025October 2025September 2025August 2025July 2025June 2025May 2025April 2025March 2025February 2025January 2025December 2024November 2024October 2024September 2024August 2024July 2024June 2024May 2024April 2024March 2024February 2024January 2024December 2023

Centaur FR SA Equity Fund A vs. Benchmark Growth of R100 investment (Cumulative)

At: 30 June 2026 1 year 2 year Inception Centaur FR SA Equity Fund A 18.6% 19.4% 19.3% Benchmark 19.4% 21.9% 20.5% Relative to Benchmark -0.8% -2.5% -1.2% Average Category Return 16.8% 19.0% Category Ranking 21 / 69 32 / 64 Std deviation* 13.5% 14.1% 13.4% Std deviation* – Benchmark 16.9% 16.6% 15.9%

Source: Bloomberg, Apex, Fund Focus and Centaur, at 30 June 2026. Current benchmark effective 01 November 2025. Past performance is not indicative of future results. Actual annual figures are available to the investor on request. Highest and lowest calendar year performance since inception: High 23.6% Low 23.1%. This fund is less than 10 years old and therefore the fund’s performance since inception is stated. *Weekly standard deviation is the measure of how much an investment’s return varies from its average on an annualised basis.