Company overview
Celerity Investments (Pty) Ltd is a boutique investment manager and the preferred investment service provider to BDO Wealth Advisers (Pty) Ltd. Celerity was established in 2016, but some of the members of the investment committee were involved in the management of model portfolios for BDO since 1998.
At Celerity, your future is our passion. Our business model is focused on swift and proactive implementation, independence, research, and risk management – the four elements we believe are essential to steadfast investment success.
Cost-effective implementation, objective portfolio construction and risk management of portfolios through hands-on fund monitoring and research, are all based on the individual needs of each client – at Celerity everyone is unique. That is why we work in partnership with financial planners, who guide us on your unique needs, and trusted asset consultants, who are independent from the planners ensuring they focus on the outcomes and not only the fund.
Key staff
Andries Kotzee
Andries Kotzee has been in the financial services industry since 1999 when he joined Momentum (now MMI Holdings) as an actuarial assistant. He spent most of the next ten years in various product development and management roles, primarily within Momentum’s investment administration and management businesses. In 2008 he joined Momentum Investment Consulting’s team in London.
While in the United Kingdom, he was responsible for asset class and investment manager research, as well as the implementation of the firm’s investment strategy across a range of global portfolios – both for Momentum and third-party clients. He also played an integral part in the asset allocation committee and was a member of the business’s executive committee. In 2011 he relocated to South Africa where he played various investment and client-facing roles in Momentum Investments. Andries joined Analytics Consulting’s investment team in August 2015 where he consulted to various investment management firms. On 1 May 2019 he was appointed as the Chief Investment Officer of Celerity Investments.
Andries graduated with a BSc (Actuarial Science) degree from the University of Johannesburg and in 2007 became a CFA Charterholder.
Allan Heynen
Allan Heynen started his career at BDO in 1986. He completed his articles and qualified as a CA (SA) in 1990. In 1991 Allan completed his ILPA exams and was admitted as a member of the institute (now known as the Financial Planning Institute – FPI).
In the same year Allan was seconded to BDO Binder Hamlyn in London and on his return to SA Allan joined the SA Revenue Services. During his time at SARS Allan was instrumental in assisting with the implementation of the new VAT Act, conducting seminars and assisting the public with law interpretation. In his second year with the Receiver he was seconded to the Finance Minister’s Tax Advisory committee where he served as secretary.
In 1993 Allan re-joined BDO and was admitted as tax partner in the Pretoria office. His keen interest in investment and financial planning matters led to the establishment of the financial planning division within BDO in 1995. In 2004 the financial planning practices of BDO in Johannesburg and Pretoria were merged and Allan was appointed as head of BDO Wealth Advisers (Pty) Ltd, a position he still holds today.
Candice Wernick
Candice Wernick has been in the financial services industry for 5 years. She spent the early part of her career at BDO Wealth Advisers as an Assistant and Associate Financial Planner.
Candice has a BCom Honours Degree in Financial Planning from the University of Johannesburg and in January 2021 completed all the requirements to receive her designation as a Certified Financial Planner (CFP®), from the Financial Planning Institute of Southern Africa. She is currently in the process of studying towards her CIPM designation through the CFA Institute, having passed the Level I exam in March 2023.
Candice joined the Celerity Investments team on 1 May 2023 as an Investment Analyst.
Contact details
Tel no.: +27 12 433 0160
Website: www.celerityinvestments.co.za
Fund details
The objective of this portfolio is to provide investors with income and conservative capital growth with a focus on capital preservation. The portfolio aims to generate a return of CPI + 2% p.a. over any rolling 3-year period.
The portfolio maintains a low risk profile and the portfolio’s equity exposure will be limited to a maximum of 40% of the portfolio’s net asset value, however, if this limit is breached inadvertently due to for example, market movements, corporate actions or large cash flows, the Manager shall rectify the non-compliance within the time periods prescribed in applicable law. The portfolio will comply with prudential investment guidelines to the extent allowed by the Act.
Investments to be included in the portfolio may, apart from assets in liquid form, consist of equity securities, non-equity securities, convertible stock, preference shares and property securities as well as any other securities which are considered consistent with the portfolio’s primary objective and that the Act may allow from time to time.
The portfolio may also include participatory interests in portfolios of collective investment schemes or other similar collective investment schemes registered in the Republic of South Africa or of participatory interests in collective investment schemes or other similar schemes operated in territories with a regulatory environment which is to the satisfaction of the Manager and the Trustee of a sufficient standard to provide investor protection which is at least equivalent to that in South Africa.
The portfolio may from time to time invest in listed and unlisted financial instruments, in accordance with the provisions of the Act, and the Regulations thereto, as amended from time to time, in order to achieve the portfolio’s investment objective.
The objective of this portfolio is to provide investors with moderate capital growth. The portfolio aims to generate a return of CPI + 4% p.a. over any rolling 5-year period.
The portfolio maintains a moderate risk profile and the portfolio’s equity exposure will be limited to a maximum of 60% of the portfolio’s net asset value, however, if this limit is breached inadvertently due to for example, market movements, corporate actions or large cash flows, the Manager shall rectify the non-compliance within the time periods prescribed in applicable law. The portfolio will comply with prudential investment guidelines to the extent allowed by the Act.
Investments to be included in the portfolio may, apart from assets in liquid form, consist of equity securities, non-equity securities, convertible stock, preference shares and property securities as well as any other securities which are considered consistent with the portfolio’s primary objective and that the Act may allow from time to time.
The portfolio may also include participatory interests in portfolios of collective investment schemes or other similar collective investment schemes registered in the Republic of South Africa or of participatory interests in collective investment schemes or other similar schemes operated in territories with a regulatory environment which is to the satisfaction of the Manager and the Trustee of a sufficient standard to provide investor protection which is at least equivalent to that in South Africa.
The portfolio may from time to time invest in listed and unlisted financial instruments, in accordance with the provisions of the Act, and the Regulations thereto, as amended from time to time, in order to achieve the portfolio’s investment objective.
The objective of this portfolio is to deliver long term capital growth. The portfolio aims to generate a return of CPI + 6% p.a. over any rolling 7-year period.
The portfolio maintains a high risk profile and the portfolio’s equity exposure will be limited to a maximum of 75% of the portfolio’s net asset value, however, if this limit is breached inadvertently due to for example, market movements, corporate actions or large cash flows, the Manager shall rectify the non-compliance within the time periods prescribed in applicable law. The portfolio will comply with prudential investment guidelines to the extent allowed by the Act.
Investments to be included in the portfolio may, apart from assets in liquid form, consist of equity securities, non-equity securities, convertible stock, preference shares and property securities as well as any other securities which are considered consistent with the portfolio’s primary objective and that the Act may allow from time to time.
The portfolio may also include participatory interests in portfolios of collective investment schemes or other similar collective investment schemes registered in the Republic of South Africa or of participatory interests in collective investment schemes or other similar schemes operated in territories with a regulatory environment which is to the satisfaction of the Manager and the Trustee of a sufficient standard to provide investor protection which is at least equivalent to that in South Africa.
The portfolio may from time to time invest in listed and unlisted financial instruments, in accordance with the provisions of the Act, and the Regulations thereto, as amended from time to time, in order to achieve the portfolio’s investment objective.
The objective of this portfolio is to deliver long term capital growth by investing in local and global equity and non-equity securities. The portfolio will be a South African multi asset flexible fund.
This portfolio maintains a high risk profile and shall have the maximum flexibility to vary assets between various markets and asset classes to reflect the changing economic and market conditions.
Investments to be included in the portfolio may, apart from assets in liquid form, consist of equity securities, non-equity securities, convertible stock, preference shares and property securities as well as any other securities which are considered consistent with the portfolio’s primary objective and that the Act may allow from time to time.
The portfolio may also include participatory interests in portfolios of collective investment schemes or other similar collective investment schemes registered in the Republic of South Africa or of participatory interests in collective investment schemes or other similar schemes operated in territories with a regulatory environment which is to the satisfaction of the Manager and the Trustee of a sufficient standard to provide investor protection which is at least equivalent to that in South Africa.
The portfolio may from time to time invest in listed and unlisted financial instruments, in accordance with the provisions of the Act, and the Regulations thereto, as amended from time to time, in order to achieve the portfolio’s investment objective.
The objective of this portfolio is to deliver long term capital growth. This portfolio maintains a high risk profile.
At least 80% of the portfolio’s assets will be invested outside of South Africa, with no more than 80% exposure to assets of a specific geographical region.
Investments to be included in the portfolio may, apart from assets in liquid form, consist of equity securities, non equity securities, convertible stock, preference shares and property securities as well as any other securities which are considered consistent with the portfolio’s primary objective and that the Act may allow from time to time.
The portfolio may also include participatory interests in portfolios of collective investment schemes or other similar collective investment schemes registered in the Republic of South Africa or of participatory interests in collective investment schemes operated in territories with a regulatory environment which is to the satisfaction of the Manager and the Trustee of a sufficient standard to provide investor protection which is a least equivalent to that in South Africa.
The portfolio may from time to time invest in listed and unlisted financial instruments, in accordance with the provisions of the Act, and the Regulations thereto, as amended from time to time, in order to achieve the portfolio’s investment objective.
The objective of this portfolio is to deliver long term capital growth while aiming to achieve returns in excess of US inflation in Rand terms. The portfolio will aim to achieve this by providing investors with an equity biased portfolio, consisting of foreign securities as well as local securities that earn most of their revenue from outside South Africa, and will invest a minimum of 22% of the portfolio’s net asset value outside of South Africa at all times.
The portfolio maintains a high risk profile and the portfolio’s equity exposure will typically lie between 40% and 75% of the portfolio’s net asset value. The pportfolio will comply with prudential investment guidelines to the extent allowed by the Act.
Investments to be included in the portfolio may, apart from assets in liquid form, consist of equity securities, non-equity securities, convertible stock, preference shares and property securities as well aas any other securities which are considered consistent with the portfolio’s primary objective and that the Act may allow from time to time.
The portfolio may also include participatory interests in portfolios of collective investment schemes or other similar collective investment schemes registered in the Republic of South Africa or of participatory interests in collective investment schemes or other similar schemes operated in territories with a regulatory environment which is to the satisfaction of the Manager and the Trustees of a sufficient standard to provide investor protection which is at least equivalent to that in South Africa.
