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June 25, 2008

Futuregrowth Asset Management

Historic BEE investment fund closes having delivered outstanding returns

Futuregrowth's Structured Empowerment Fund (SEF), the pioneer of South Africa's BEE funding vehicles, has achieved annualised returns of 18.76% over its 12-year lifespan.



Institutional investors who stayed with the fund since inception have seen their annualised return beat not only the benchmark CPI+8% of 13.95%, but also the ALSI which returned 16.27% over the same period.

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Posted by StaffWriter at June 25, 2008 2:21 PM