Moneyweb recently reported on an outstanding achievement by a relatively small investment house:
The Natal Midlands might be a great place for dairy farmers and antique shops, but it’s probably not the place you would expect to find a top asset manager. And yet, South Africa’s best equity fund is run from offices that are within earshot of where the Umgeni River makes its famous 95 metre drop over the Howick Falls.
The Harvard House BCI Equity Fund has won two awards in as many months, making it the current undisputed champion of this category.
At the end of January, Harvard House won the Raging Bull award for the best South African general equity fund for the three years to December 2014. That was calculated on a pure three year performance basis.
Then, last week, the fund was again recognised as the category leader when it won the Morningstar South Africa Fund Award for the best South African equity fund. Morningstar uses a unique methodology to identify the country’s top collective investment schemes on a risk-reward metric over the last one, three and five years.
It’s an exceptional story for a money manager that still knows most of its clients personally.
Moonstone is proud to be associated with Harvard House.
Please click here to read the full Moneyweb article on this wonderful achievement.
