About Us

Discretionary Fund Management

Discretionary Fund Management

Discretionary Fund Managers (DFM’s) actively manage a portfolio, identifying the appropriate asset classes and time frames, and selecting underlying funds or investments.

Our wide range of solutions offer a consistent approach to investment through asset allocation, manager selection, and investment philosophy. As one of South Africa's first Centre for Fiduciary Excellence (CEFEX)-certified Investment Managers, we emphasize responsible investing and fiduciary care. 

Our Core Range provides offers comprehensive range of investment solutions designed to meet the following client objectives: 

  • Targeting inflation 
  • Diversifying offshore 
  • Sustaining an income for life after retirement   

 

Benefits: 

  • Scalable, cost-effective solutions with reduced admin. 
  • Enhanced client acquisition and retention. 
  • Compliance management, asset manager due diligence, and broad platform access.

 

The benefits of a Discretionary Fund Manager

  • Regulatory Risk: The introduction of the legislation and compliance burden on planners has increased the cost of running practices. Some planners have opted to emphasise investment management as a component of their value proposition, although they lack the necessary licences to do so.
  • Time: DFMs can make changes without client consent due to Category I and II licences, allowing quick transaction execution.
  • Skill: Fund selection and portfolio management require different skills. DFMs use quantitative tools, reporting, manager research, asset allocation, and portfolio design.
  • Rebalancing: With a Category II licence, DFMs can make bulk switches for all clients in a portfolio instantly, unlike financial planners who need signed documents from each client.
  • Manager Selection: DFMs select investment managers with expertise in various asset classes and decide on passive, active, smart-beta, or combined strategies.