Because our ‘quantamental’ investment process is based on universal valuation principles, we can apply it across the globe to analyse and identify investment opportunities. Not all stock exchanges globally allow for short-selling – we therefore focus on equities traded in developed markets and in advanced emerging markets.

South Africa is one such advanced emerging market, with a sophisticated and well-regulated financial sector. Three of our hedge funds are domiciled and regulated in South Africa. Our investor onboarding process is compliant with the OECD Common Reporting Standard (CRS) and the Foreign Account Tax Compliance Act (FATCA). South Africa has world-class regulations pertaining to hedge funds, which are regulated as ‘collective investment schemes’ (also known as unit trusts or mutual funds in other jurisdictions).

One of our funds, the Protea International Hedge Fund, is domiciled in Malta and regulated by the Malta Financial Services Authority. We specifically sought out a jurisdiction that is part of the European Union, and Malta’s Professional Investor Fund (PIF) regulatory framework represents an attractive structure for both Protea as investment manager, and for investors.

Investors in the Protea range of hedge funds can invest in one or more of our four funds according to their geographic exposure preference. Investors in our funds should have a long-term investment horizon of at least three years, preferably considerably longer. Refer to our application forms for full risk disclosures. Our Worldwide and International funds are more aggressive (i.e. use a higher level of gearing) than our South Africa and Global funds: