Key Facts
Fund Manager
Terebinth Investment Team
Launch Date
1 April 2013
Fund Size
2,359b
Benchmark
STeFi Composite Index
Unit Price
2751,73
Time Horizon
+3 years
Provide returns in excess of 5% over benchmark on an average annual basis over rolling 36-month periods with a low degree of volatility. The strategy is primarily focused in the most liquid areas of the broader income spectrum, with a strong focus on risk management.
2,359b
2751,73
Terebinth FI Macro FR Retail Hedge is a South African domiciled, rand-denominated fixed income hedge fund, focusing on macro strategies. Through the use of qualitative and quantitative methodologies opportunities are exploited across three disciplines: Strategic, Structural, and Tactical. The fund is actively managed, with a focus on risk management and to provide investors with a high degree of confidence regarding liquidity.
Source: all data from Morningstar up to end May 2026.
PERIOD | FUND | Benchmark | Outperformance |
|---|---|---|---|
3 months | 1.46% | 1.66% | -0.20% |
6 months | 4.19% | 3.38% | 0.80% |
12 months | 8.95% | 7.11% | 1.84% |
24 months | 10.54% | 7.62% | 2.92% |
3 year Annualised | 12.76% | 7.92% | 4.84% |
5 year Annualised | 9.81% | 6.86% | 2.95% |
10 year Annualised | 13.22% | 6.77% | 6.45% |
Since inception Annualised* | 12.32% | 6.60% | 5.72% |
YTD | 3.66% | 2.75% | 0.91% |
Lowest Annual Return | -10.34% | 0.28% | |
Highest Annual Return | 16.26% | 0.74% |
Annualised return is the weighted average compound growth rate over the performance period measured.
*Investment performance is for illustrative purposes only. Investment performance is calculated by taking the fees into account and income is reinvestment on the reinvestment date.
The value of investments, as well as any income earned from them, might decline as well as rise. Historical performance is not a predictor of future outcomes. Investment objectives and performance targets may not be met, and losses may occur. We advise you to obtain independent financial advice to ensure that this Fund meets your investing needs. Performance is not reported for share classes that have been in existence for less than 12 months. No assurance is made that any investment will or is likely to produce profits or losses comparable to those obtained in the past, or that losses will be avoided.
Lowest annual return and Highest annual return are since inception to end of May 2026.
Source: all data from Morningstar up to end May 2026.
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An Authorised Financial Services Provider
Number: 47909 Registration Number: 2011/010633/07