Investment Professionals
High Street Balanced Prescient Fund Value Proposition
The Reg. 28 Fund with a 90%+ Rand Hedge™
Alpha generated given changes in USD/ZAR over one-year rolling periods
The High Street Balanced Prescient Fund has generated 2.7% alpha p.a. since inception. It has consistently outperformed during periods of Rand depreciation making it an essential diversification tool for retirement savers to mitigate emerging market risk. Encouragingly, performance has been in line with peers over periods of modest Rand strength.
Useful diversifier
We don’t just claim differentiation, we believe it is best illustrated in the underlying data. Signicantly lower correlation to the peer average than most comparable funds unlocks compelling diversification benefits.
“Lower correlation is only part of the equation. To fully realise the benefits, it must be accompanied by meaningful long-term returns.”
Source: ProfileData as at 31 April 2026 – updated annually.
* The four largest peers are the 4 largest funds within the South Africa – Multi Asset – High Equity category.
Since Inception Metrics
The benefits become apparent when the High Street Balanced Prescient Fund is included in a typical equally-weighted portfolio of four large funds.**
The result is a portfolio with higher annualised returns with reduced drawdowns. Despite having an elevated volatility as an independent investment, this is neutralised by the correlation effect. Portfolio volatility remains largely unchanged post inclusion resulting in superior volatility-adjusted returns.
Contact us to construct your portfolio with an allocation to High Street and model past returns.
We don’t just claim differentiation, we believe it is best illustrated in the underlying data. Signicantly lower correlation to the peer average than most comparable funds unlocks compelling diversification benefits.
“Lower correlation is only part of the equation. To fully realise the benefits, it must be accompanied by meaningful long-term returns.”
Since Inception Metrics
The benefits become apparent when the High Street Balanced Prescient Fund is included in a typical equally-weighted portfolio of four large funds**
The result is a portfolio with higher annualised returns with reduced drawdowns. Despite having an elevated volatility as an independent investment, this is neutralised by the correlation effect. Portfolio volatility remains largely unchanged post inclusion resulting in superior volatility-adjusted returns.
Contact us to construct your portfolio with an allocation to High Street and model past returns.
We don’t just claim differentiation, we believe it is best illustrated in the underlying data. Signicantly lower correlation to the peer average than most comparable funds unlocks compelling diversification benefits.
“Lower correlation is only part of the equation. To fully realise the benefits, it must be accompanied by meaningful long-term returns.”
Since Inception Metrics
The benefits become apparent when the High Street Balanced Prescient Fund is included in a typical equally-weighted portfolio of four large funds**
The result is a portfolio with higher annualised returns with reduced drawdowns. Despite having an elevated volatility as an independent investment, this is neutralised by the correlation effect. Portfolio volatility remains largely unchanged post inclusion resulting in superior volatility-adjusted returns.
Contact us to construct your portfolio with an allocation to High Street and model past returns.
* The four largest peers are the 4 largest funds within the South Africa – Multi Asset – High Equity category. Highest rolling 1-year return: Fund performance 49.35%; benchmark 30.56%. Lowest rolling 1-year return: Fund performance:-23.38%; benchmark: -10.44%. Source: High Street Balanced Prescient Fund MDD April 2026. ** The basis of inclusion of the 4 largest funds is determined by selecting the four largest funds in the ASISA South African – Multi Asset – High Equity category according to fund size as of 30 April 2026.
Retirement & Employee Benefits:
What about sequence of returns risk?
Using lifestage models in pension schemes to mitigate sequence risk is standard practice. This is especially prudent for schemes invested in funds with higher volatility, such as the High Street Balanced Prescient Fund, which naturally results from large currency fluctuations given its mandate. Should a higher fund volatility lead to automatic exclusion or can it be mitigated by a lifestage model? This can be addressed by reviewing the differing objectives associated with the two stages of saving for retirement.
Accumulation Stage
Objective: Capital growth.
Track record: +2.2% p.a. alpha generation verses four largest peers since inception.
Preservation Stage (comprising 50 consecutive monthly switches)
Objective: Capital preservation with moderate growth.
Track record: Structured switching completely nullifies the incremental sequence risk posed by elevated volatility.
Range of Annual Returns Generated over the Preservation Stage Since Inception ***
When using a lifestage model, the Fund carries a similar degree of sequence risk to that of the four largest funds in category, despite exhibiting higher volatility. This makes it a viable candidate for Employee Benefits. Members benefit from its alpha generation during the typically lengthy accumulation phase, while the lifestage model ensures it remains resilient in the preservation phase.
”Risk and volatility are used interchangably but the reality is far more nuanced.”
*** Data includes all 50-month periods completed from monthly starting points since the Fund’s inception (35 data points). Period from 31/12/2018 to 31/12/2025.
Become a Partner
Contact Jarred, to explore a distribution partnership
jarred@hsam.co.za or find out more
Become a Partner
Contact Jarred, to explore a distribution partnership