Sanlam is celebrating the first anniversary of its rapidly-growing Real Assets Fund.

Since inception in August last year, the fund has grown from £53m to £186m.

Over the same period it has also delivered a return of 11% against the MSCI World’s 0.5%.
 
Managed by Mike Pinggera and his team, the fund was launched in response to demand from existing investors for increased exposure to real assets; a component of the award-winning Sanlam Multi-Strategy Fund since its launch in 2013.

The fund targets income and capital growth through investments in real asset securities which Mr Pinggera describes as the “pillars of a functioning economy”.

These include energy, education, healthcare, food and water, housing, transport and communications.

Sanlam says these are, in essence, investments that are key requirements for a successful economy and beneficiaries of demographic changes.

Mr Pinggera, head of multi-strategy at Sanlam, said: “One year on, the principles of the fund have withstood the challenging investing environment.

“I am delighted with how the fund has performed and grown.
 
“In this continued environment of economic uncertainty and volatility, the fundamentals of the fund’s “pillars” investment strategy remain highly attractive.”