The Iconic Matador Institutional Fund achieved 1st place for the Best Fund of Hedge Fund of the Year, as well as 1st place for the Best Long Term Performance Fund of Hedge Fund, adding to the numerous accolades received by the Matador range of funds over the years.
Since inception in September 2007, the Iconic Matador Fund has produced an annualised net return of 12.2% versus the JSE SWIX Index return of 11.4%. The annualised volatility of the Fund is 7.5%, less than half the 16.3% of JSE SWIX Index. Most notable is that during a period when the JSE SWIX Index fell 36.8%, the Fund lost just 7.6%. On a risk and return basis, the Fund stands far ahead of the median equity manager over all periods.
Pieter Viljoen represented Edge Capital and accepted the awards on behalf of the investment team.