The Sanlam Enterprise Fund aims to produce positive returns on a rolling 12 month basis regardless of market conditions and with lower volatility than ‘risk assets’ such as equities. We believe the fund should hold a place in all balanced portfolios as it aims to enhance risk/return characteristics whilst focussing on capital protection.
Having been UK long/short equity managers for over 20 years our approach has been stress tested through several market cycles including the bursting of the dot-com bubble, Global Financial Crisis and more recently the COVID pandemic.
Our knowledge and expertise of UK, companies, management teams, analyst community and investor base lies at the heart of our ability to generate alpha. Analysing these constituents to best identify those companies that are most likely to produce positive or negative earnings surprises and drive a re-rating of share prices is key to our investment process.
Monetising idiosyncratic risk (stock-specific risk) whilst hedging out market risk has been fundamental to our success especially on the short side which we regard as a key differentiator.