Cannon Equity Fund

Portfolio overview

The Cannon Equity Fund’s objective is to deliver sustainable growth in capital through exposure to deep value listed equities over a three-to-five year investment horizon. Equities are selected using Cannon’s deep value investment philosophy that emphasises stocks that offer attractive valuations, are of high quality and have prospective returns ahead of the market.

The Cannon Equity Fund is a general equity fund that consists of financially sound equity securities listed on the Johannesburg Stock Exchange. In selecting securities for this portfolio, where possible, the manager shall seek to sustain high long-term capital growth.

The portfolio may also invest in participatory interests and other forms of participation in portfolios of collective investment schemes. Our focus is on schemes in South Africa or those operated in territories with a regulatory environment which is of a sufficient standard to provide investor protection at least equivalent to that in South Africa, and which is consistent with the portfolio’s primary objective.

The portfolio may invest in derivatives that will only be limited by the statutory limitations placed on the inclusion of financial instruments in portfolios. The portfolio equity exposure will always exceed 70%.

Who can invest?

Retail investors

Minimum investment

R5 000 lump sum or R500 monthly contribution

Benchmark

FTSE-JSE All Share Index

Inception date

1 July 2005

Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual performance Benchmark
2017 1.46 -1.88 -3.06 -1.78 -1.65 -2.69 2.20 0.29 -3.11 4.14      -6.08 19.63
2016 -6.44 5.37 4.62 3.85 -0.79 0.87 1.92 1.66 3.11 -1.82 2.87 3.49 19.68 2.63
2015 1.12 1.12 -4.58 4.31 0.79 -1.76 -1.64 -2.28 -3.68 4.27 -6.17 -2.18 -10.71 5.13
2014 0.31 3.04 -1.31 2.83 -0.11 -0.66 1.65 -2.57 -4.32 0.05 -0.90 -1.71 -3.89 10.88
2013 4.03 -1.19 2.05 -3.88 1.92 -2.72 3.18 2.83 4.16 4.54 -1.83 -0.18 13.17 21.43
2012 5.84 3.72 -0.02 1.86 -6.31 0.91 -2.70 2.30 1.92 2.71 -0.40 4.23 14.34 26.68
2011 -2.47 2.56 -0.66 1.29 -0.85 -0.29 -2.28 -3.73 -3.51 6.76 -0.87 1.30 -3.17 2.57
2010 -2.43 2.16 5.20 1.66 -5.02 -4.37 8.05 -3.02 8.01 2.42 -0.81 5.65 17.61 18.98
2009 -2.82 -10.38 6.75 5.78 8.93 0.28 9.66 7.46 1.36 3.44 -1.82 2.03 32.94 32.13
2008 -7.26 8.09 -2.54 2.59 1.80 -5.60 -4.51 1.98 -11.15 -16.03 -3.73 5.19 -29.13 -23.23
2007 5.90 1.02 4.19 4.59 2.21 -0.13 2.44 -0.32 2.21 4.95 -5.84 -3.23 18.76 19.19
2006 10.11 -0.94 4.84 2.96 -4.17 0.26 -0.84 5.10 2.23 6.11 4.05 5.45 40.31 41.23
2005             7.37 3.38 10.33 -2.69 3.41 7.23 32.14 47.25