The article provides a detailed analysis of the Peregrine High Growth Fund’s performance and compares it to various benchmarks such as the MSCI World, S&P 500, and Nasdaq ETFs. It highlights the fund’s impressive historical returns but raises concerns about its high Total Investment Charge (TIC) of 6.90%. Manie Marais suggests that investors may find better returns elsewhere due to the fund’s cost base potentially eroding overall returns. Additionally, the article emphasizes the importance of considering recent performance, measuring in hard currency, and diversifying investments beyond the South African market.
Read full article: https://www.biznews.com/mailbox/2023/03/13/mailbox-peregrine-fund-jacques-conradie