Specialist Equity


The Mergence CAPI Fund aims to provide investors with capital growth over the long term. The objective is to achieve returns that are in excess of the FTSE/JSE CAPI Index [CAPI] over any three-year rolling period.

Our philosophy of pragmatism underlines our approach to investing in equities, and thus the Fund’s objective to be a consistent generator of alpha through cycles. We embrace a style agnostic approach given the cyclicality in performance of a strong bias to either value or growth styles. Valuation is the key trigger to our decision making process. We seek to achieve our investment objective by buying/selling companies trading below/above our assessment of intrinsic value. Our equity investment process is comprehensive, proprietary research driven and long term focused.