Prescient Funds Activity Summary 2020 - 2023 |
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By Staff Writer |
Q3 Of 2024 | 8 months ago |
Prescient Management Company , one of the coolest middle tier manco's around , which also was founded bt Toms relatives Guy and Hermans continues to be part of our collective investments universe. In their initial unit trust around 2010s they were using a very cool distictively terms for naming their unit trust funds , one of those is the use of the word "Quant " , literally , every unit trust was Quant something.
When Prescient abandoned this naming and rename funds in simple form it was a hell for an outside to figure out which fund is renamed to what.
In the period in review our records reveal that Prescient Absolute Balanced Fund, Prescient Africa Sustainable Equity Fund and Prescient Living Planet Fund were axed with various reason for such decisions.
The fact that I hardly pick up any merge in Prescient funds reveal the naming complexite I alluded above about the Manco's naming of their unit trust funds.
Prescient seems has a partnering agreement with Cape Town based Foord Unit Trusts where they added Prescient Foord International Feeder Fund to the existing Prescient Foord Global Equity Feeder Fund.
Prescient Income Fund and Prescient Umbra Balanced Feeder Fund were also added in this period . And finally with the introduction by JSE for trading of Active Managed ETFs , Prescient introduced their offering called Prescient Feeder AMETF.
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