Visio Fund Management (Pty) Ltd

www.visiofund.co.za

Company details

FAIS FSP registration number: 49566

Switchboard: +27 11 245 8900

Fax number: +27 11 245 8915

General email: info@visiofund.co.za

Address:

5th Floor, 92 Rivonia Road, Wierda Valley, Sandton 2196

Compliance officer name: Koketso Moepeng

+27 11 245 8900

Investment philosophy

The firm’s investment process is firmly rooted in bottomup fundamental analysis, and looks across the equity opportunity set- at both growth and value opportunities. They have a valuation biased investment philosophy. While global and domestic macro considerations can have a material impact on company performance and outlook, Visio believe in finding companies that have strong or improving balance sheets and sustainable cashflows and management teams who can steer through challenging economic times.

Every company is different and is influenced by its own factors, hence the need for in-depth research and analysis, regular management contact, site visits, broker and company presentations, etc. We spend a considerable amount of time ”on the road” towards achieving this end. Additional attention is devoted to companies that are either under-researched, not covered by sell side analysts or otherwise those businesses considered out of favour from time to time by the investment fraternity. There is limited use of technical analysis in the formulation of our strategies.

Our research is not only limited to listed companies. We continuously expand our knowledge and contacts base with many unlisted companies, who are either trading partners, customers or competitors with their listed counterparts.

Visio strength lies in our ability to integrate the information which we continuously gather to formulate medium to long term investment ideas for the funds. We maintain our own financial models on most of the listed companies in our investment universe.

The competitive advantage of the Visio team is their desire to uncover stocks that may be ‘off the radar screen’ and to draw deeper into companies to understand where unearthed value possibly lies. This includes ‘activism’where the team actively engages with the boards of companies to unlock value.

We have a stable team with significant market experience and we are a team of generalists. We are fundamental investors where significant work goes into “kicking the tyres” of both potential investments, as well as competitors, suppliers and customers – to ensure we have a holistic view of the investment and its environment. Our hedge fund history drives an absolute return and capita preservation mentality.

We update, enhance and tweak those models regularly as they represent the primary tools in our decision-making process. The investment universe spans across industries, market capitalizations and using a number of different valuation techniques.

We prefer to keep portfolio ‘churn’ is low. Significant shareholdings may be accumulated in certain sectors from time to time.

FAIS requirements

Who is your FAIS complaints officer?

Koketso Moepeng

Please provide the link to the complaints policy on your website:

The complaints policy is available on request and not published on our website

Ownership

What is the ownership structure of the company?

Visio staff 68%, Royal Investment Managers 32% Who are the directors of the company?

Patrice Moyal, Alida de Swardt, Althea Modiselle, Do staff and management have an interest in ownership? Please provide the percentage held by staff and management: Staff own 68%

History

When was the company established?

2003 as Visio Capital. Visio Fund Management since 2014 List of mergers that have taken place since being established: There have been no mergers since the company was established.

B-BBEE credentials

Are you B-BBEE accredited? Yes

What is your B-BBEE status? Level 1

By whom have you been accredited?

Renaissance SA Rating (Pty) Limited

Date of accreditation: 2022-09-14

GIPS

Are you GIPS compliant? No

Are you GIPS verified? No

By whom have you been verified? N/A

Date of verification: N/A

Expiry date of verification: N/A