Salvo Balanced Solution

Portfolio Objective

The primary investment objective of the portfolio is to provide the investor with long term growth that aims to outperform its benchmark of the average high equity manager in South Africa over any 12 month rolling period, irrespective of prevailing market conditions and economic cycles.  It will invest in a combination of equity, property, bonds, cash, alternative assets and offshore assets as regulated by regulation 28. The portfolio will be managed within a moderate risk profile and and emphasis will be on the management of volatility within a predictable band.

Investment Strategy

The performance of this portfolio is linked to a combination of South African Collective Investment schemes. Managers are blended in the portfolio with the objective to optimise the portfolio from a risk adjusted return point of view. The portfolio is managed within a moderate risk profile with a targeted volatility of between 4- 8% while targeting a return of 9-15% per annum.

  • Salvo Balanced
  • High Equity Ave

Performance Summary

Salvo BalancedHigh Equity Ave
Annualised performance since inception13.54%10.30%
Return YTD4.51%5.65%
Standard deviation annualised5.09%5.97%
Downside deviation annualised3.00%2.87%
Maximum drawdown-4.28%-3.51%
Sharpe ratio *1.460.70
Sortino ratio *2.471.45
Upside Capture of High Equity returns105%
Downside Capture of High Equity returns37%

Asset Allocation

  • Equity
  • Property
  • Bonds
  • Cash
  • Offshore Equity
  • Offshore Property
  • Offshore Bonds
  • Offshore Cash

Monthly Performance Summary

JANFEBMARAPRMAYJUNJULAUGSEPOCTNOWDECYTD
20102.58%-0.24%4.18%2.23%1.22%1.90%12.42%
2011-0.47%1.32%0.78%1.94%0.25%-0.16%0.49%0.20%0.78%4.61%0.64%1.40%12.36%
20122.02%2.09%1.59%1.98%-0.45%0.79%2.97%2.73%0.56%2.25%2.28%1.18%21.88%
20132.83%0.38%2.54%-0.01%5.45%-1.51%2.36%0.81%2.53%2.71%0.16%2.00%22.03%
2014-0.91%1.90%1.54%1.69%1.58%1.16%0.73%0.16%-0.30%0.35%2.90%0.82%12.19%
20152.42%2.02%1.16%1.67%-0.16%0.04% 1.36%-0.01%-0.09%3.61%-0.24%0.66%13.09%
2016-2.35%-0.39%1.83%0.00%2.96%-2.99%0.27%1.82%-1.47%-1.90%1.43%1.25%0.24%
20171.11%-0.19%1.21%1.24% -0.04%-1.11%2.24%4.51%