We believe that AI will revolutionise the investment industry; not by replacing humans, but by enabling better and faster decision making. Using the insights derived from our proprietary datasets and online machine learning algorithms, our investment analysts explore new investment opportunities and update their existing views with the latest information. This allows us to achieve optimal portfolio returns while controlling for downside risk.
Actively Managed Certificates
Actively Managed Certificates (AMCs) have transformed the investment landscape, offering flexibility, cost-effectiveness, and transparency. We provide investors with access to our proven investment strategies through listed AMCs on the Johannesburg Stock Exchange (JSE) including Gradient Hedge Fund (AMC015) and the Kyrios Global Flexible Fund (AMC016).
Why Differential Capital?
Smart Structures. Stronger Returns.
What sets us apart is the way we blend traditional fundamental analysis with data and artificial intelligence (AI) to give us an information edge and find the best value for our clients. This helps us find value that most other investors don't see.
At Differential Capital, a boutique asset manager, we provide investors with access to our proven investment strategies through listed AMCs on the Johannesburg Stock Exchange (JSE), including Gradient Hedge Fund (AMC015) and the Kyrios Global Flexible Fund (AMC016).
What are AMCs
AMCs (Actively Managed Certificates) are bank-issued investment certificates that package an actively managed portfolio into a simple, tradable instrument. They let managers run bespoke strategies (equities, hedge funds, alternatives) while investors gain easy, transparent, and cost-efficient access without needing a full fund structure.
Why Actively Managed Certificates
Actively Managed Certificates (AMCs) have transformed the investment landscape, offering flexibility, cost-effectiveness, and transparency.
AMCs deliver professional portfolio management with flexibility, speed, and ease.
- Simple & Cost-Efficient – Gain exposure to professionally managed portfolios without complexity.
- More Agile Than Unit Trusts/ETFs – AMCs allow managers to pivot swiftly with changing market conditions.
- Flexible Liquidity – Investors can withdraw funds at any time.
- Modern Structure – A streamlined alternative to traditional investment products.
AMCs Tailored to both Individual and Institutional investors
Differential Capital leverages a data-driven approach, combining fundamental analysis with artificial intelligence to uncover high-value opportunities. We identify opportunities that traditional hedge funds might overlook, and our AMCs provide investors with access to these strategies without the burdens of segregated mandates or complex administrative requirements.
AMCs cater to individual investors seeking an uncomplicated, transparent and accessible way to grow their wealth consistently.
For pension funds, particularly smaller ones, AMCs simplify administration, allowing for greater flexibility in portfolio allocation and easier switching between investment strategies.
Agile Investing, Simplified
Our AMCs combine the expertise of Differential Capital's investment team with the flexibility and transparency that modern investors demand. Experience professional portfolio management with the ease of trading on the JSE.
AMC Details
Compare our two actively managed certificate offerings
| Gradient Hedge – AMC 015 | Kyrios Global Equity – AMC 016 | |
|---|---|---|
| Product | Gradient Hedge – AMC 015 | Kyrios Global Equity – AMC 016 |
| Investment Objective | The investment objective of the Reference Portfolio Manager with this AMC is to provide a high return with a moderate level of volatility. The long-term investment objectives are to be achieved by consistent absolute returns by having the maximum flexibility to invest in a diversified range of instruments. The Reference Portfolio Manager will follow an investment strategy which aims for long-term capital appreciation while managing risk through diversification. | The investment objective of the Reference Portfolio Manager with this AMC is to deliver returns exceeding the MSCI World Index, therefore it is targeted at investors with a long-term investment horizon. The portfolio will, apart from assets in liquid form, invest in equity markets across the globe and most sectors, whilst holding a bias towards equities where there is a high degree of alignment with shareholders and executives managing the companies. The portfolio aims to invest in listed derivatives primarily to mitigate risk or gain exposure without utilising leverage. While the portfolio may use derivatives to achieve these goals, it will not borrow funds to increase the size of its positions. |
| Risk Profile | Moderate-aggressive/Medium-high | Moderate-aggressive/Medium-high |
| Benchmark | STeFI Index in South African Rands (ZAR) | MSCI World Index - South African Rands (ZAR) |
| Issuer | Standard Bank | Standard Bank |
| Factsheet | Download Fact Sheet | Download Fact Sheet |
How to Invest
Investors can access our AMCs via all major banking online share trading platforms.
For further information on trading our AMCs, or for assistance with the investment process, please contact info@differential.com and our team will be pleased to assist.