More about Bastion

Bastion is a Category 2 Discretionary Financial Services Provider. We manage three funds of funds: Bastion Absolute Return Fund of Funds, Bastion Moderate Fund of Funds, and Bastion Worldwide Fund of Funds. These funds are white labels of Metropolitan Collective Investments. Typically a financial broker (category 1) will invest his / her clients’ monies, via a linked investments services provider (“LISP”) such as Glacier, Stanlib, or AIMS, in Bastion’s funds.

Bastion may be small in size, but we invest in some of SA’s top unit trusts: ABSA, Allan Gray, Cadiz, Coronation, Foord, Grindrod, Investec, Old Mutual, Nedgroup, Prudential, Stanlib, and SIM, are some of the well known and esteemed fund managers in our portfolios.

Bastion also manages private clients’ equity funds on the BOE Private Stock Brokers-platform.

Important events in Bastion’s history are as follows:

• The start of the business towards the end of 2003 by the present major shareholder and chief investment officer,
  Koos le Roux.
• 1 January 2004 – 30 September 2007: the very successful management of Bastion’s wrap funds on the Glacier
  platform. Two of our three funds were, on a three year basis, in the top quartile of their respective peer groups.
• 1 October 2007: the listing of Bastions three funds as funds of funds.
• November 2009: Bastion’s appointment as one of the fund managers of the Efficient- Group’s Naviga- product
  range.
• End of 2010: Bastion’s transaction Foster Wealth, whereby the latter group invested in our funds and, in so
  doing, acquired the right to buy a 26% shareholding in Bastion.