About Us

With years of experience in the financial industry, our team is well-equipped to provide customized investment solutions that are tailored to the unique needs of each individual client. We believe in building long-term relationships with our clients, based on trust, integrity, and a commitment to excellence. Our goal is to help you grow and protect your wealth, and to provide you with the peace of mind that comes with knowing your financial future is in good hands.

Good corporate governance and ethics are the foundation on which Balondolozi is established. It is this foundation which we will hold ourselves accountable to, that will see us make steady but good growth in the investment management world. Balondolozi aims to be in the top quartile for every fund without compromising or losing focus on first delivering on our investment obligations. We hope to leave behind a legacy of responsible corporate governance and a sustainable business that will continue to deliver value for our shareholders and for the future generation of Balondolozi employees.

All investments for their reward are subject to risk. Foremost to deliver on our mandate it is important to understand precisely the clients’ needs and risk tolerance for us to satisfactorily fulfil our obligation. In line with our name, The Custodians, our philosophy is to deliver bespoke superior risk-adjusted investment returns.

Our most valuable assets are our people and our customers. It is in this regard that Balondolozi empowers all its employees with the freedom to develop and the capacity to act, and a part ownership of the business. This entrepreneurial environment helps foster great innovative ideas for the benefit of our clients. Balondolozi strives for service excellence in all that we do.

At Balondolozi we believe that education is the most effective way for social upliftment. As an investment house that operates within the Southern African landscape, we have a moral responsibility towards the continued growth of our communities. Education being the key element of our development within the world stage, we have chosen that our corporate spend towards socially responsible projects will almost entirely focus on education. Internally, we encourage and sponsor our employees to study further. Externally, we offer bursaries and trustee training regardless of whether we manage their money or not.

With more evidence mounting against industries’ impact on the environment, Balondolozi is operating in a space where we can influence sustainable business practices, not necessarily in terms of how we invest clients’ money but through shareholder activism. Cooperative efforts of social investors can positively influence management to steer a more responsible environmental course. These efforts can include submitting proxy voting resolutions where dialogue with corporate management is not successful. Notwithstanding our own social contribution to human social upliftment, we believe in companies that take such issues seriously given our political history. Community development will improve financial performance over time and enhance the stockholders, customers, and employees.

To this effect Balondolozi are signatories to UN PRI and CRISA.

Shareholding

The Pedro Samuel Family Trust

Mabonisa Oyama Trading (Pty) Ltd

0 %

Fannuel Tigere

Balondolozi Employee Trust

Yolande Mokhantso

Total

Organogram

BALONDOLOZI BOARD

The members of the board are Masibulele Dem (Non Executive Chair), Yolande Mokhantso (Chief Executive Officer), Pedro Samuel (Chief Operations Officer), Fannuel Tigere (Chief Investment Officer), Nobuhle Mhlanga (Risk and Compliance Officer), Zanele Mdlekeza (Non Executive Director), Zandie Mlambo (Non Executive Director), Zintle Mjali, Khetsiwe Samuel (Head of Administration).

Balondolozi Investment Committee

The members of the committee are Masibulele Dem (Chair), Pedro Samuel, Fannuel Tigere, Sandelee van Wyk, Karabo Matsepe, Sindisiwe Mahlangu and Alecia Sekwati.

Balondolozi Audit Committee

The members of the committee are Zanele Mdlekeza (Chair), Nobuhle Mhlanga, and Karabo Matsepe.

Balondolozi Risk and Compliance Committee

The members of the committee are Zandie Mlambo (Chair), Nobuhle Mhlanga, Sindisiwe Mahlangu and Hildegard Lombard & Nick Howse (both of eComply – independent compliance officers).

Balondolozi Executive Committee

The members of the committee are Pedro Samuel (Chair), Yolande Mokhantso, Fannuel Tigere, Nobuhle Mhlanga, and Karabo Matsepe.

SOCIAL RESPONSIBILITY

Employment Equity

Balondolozi’s employment equity policy is to employ at least 75% of its personnel from previously disadvantaged backgrounds. We actively transfer skills across the organisation and seek external development opportunities for all staff. Our procurement policy also strives for 75% participation for previously disadvantaged organisations.

Investing in future talent through hands-on experience and long-term career development.

The Balondolozi Graduate Programme offers new graduates an immersive introduction to the investment management industry. Through this initiative, Balondolozi identifies and trains talented interns. Following an intensive training period, interns are either absorbed into the firm or supported in securing employment elsewhere.

Since its inception, the programme has seen strong success. Over 10 interns have been trained since Balondolozi was formed, with a great majority of those having qualified as fully fleshed portfolio managers serving internally or at other investment houses.

Career Support and Mentoring

Balondolozi encourages and funds all its employees to further their studies as a way to promote continuous development. Currently members of the investment team have enrolled for the CFA course, of which two have completed and are CFA charter holders.

Community Support

Balondolozi also supports Alexandra Education Committee (AEC) who exist to provide bursaries for academically promising high school learners from low-income families in Alexandra for the full five years of education at well-resourced high schools. In addition to financial assistance, Balondolozi has adopted seven learners to be mentored by seven Balondolozi analysts for a period of five years.

DISCLAIMERS AND POLICIES

Commitment to CRISA 2 and the UN PRI

Balondolozi aligns its investment approach with the CRISA 2 principles, embedding material ESG considerations into research, valuation and ownership practices to support long-term, risk-adjusted returns. This includes applying sustainability insights in analysis, exercising active ownership through informed voting and engagement, and communicating transparently on responsible investment practices. As a UN PRI signatory, the firm commits to the six principles by incorporating ESG issues into investment decision-making, strengthening ownership practices, encouraging improved disclosure, collaborating across the industry and reporting on progress. This alignment reflects Balondolozi’s commitment to sound governance, responsible stewardship and long-term value creation for clients and beneficiaries.

ESG Integration

Balondolozi evaluates qualitative ESG factors through a quantitative lens, using ESG criteria as a screening tool that complements traditional financial metrics to guide its investment decisions. The firm identifies the sustainability issues most material to each company or sector and incorporates these insights directly into research and valuation. These considerations inform portfolio positioning, ensuring that overweight and underweight allocations reflect both strong fundamental attributes and the quality of each company’s ESG performance. This integration is complemented by active ownership, where Balondolozi engages with portfolio companies and uses its voting rights to support stronger ESG practices and long-term improvements. Together, these practices ensure that ESG considerations meaningfully shape investment decisions while contributing to sustainable value creation for clients.

Proxy Voting

Balondolozi Investment Services actively exercises its voting rights across all securities held, using this responsibility to influence corporate behaviour and support positive outcomes for clients. Proxy voting forms a core part of the firm’s stewardship and engagement efforts. Each voting decision is evaluated on its merits, with careful consideration of any factors that may directly or indirectly affect the long-term value of client investments.

FAIS Disclosure Document

In line with the General Code of Conduct for Authorised Financial Services Providers and Representatives, all financial service providers are required to disclose certain information. This Disclosure Document outlines key information regarding our licensing, duties and obligations to ensure full transparency. Please read through this document carefully.

Complaints Resolution Procedure

Our Complaints Resolution Procedure is designed to ensure that all complaints are handled promptly, fairly, and transparently. We are committed to providing a clear process through which clients can raise issues, have them thoroughly reviewed, and receive an appropriate response/resolution. This procedure is also informed by the TCF guidelines and helps us to maintain high standards of service for our clients.

Privacy Policy

Balondolozi is committed to protecting your personal information and ensuring that your privacy is respected in every interaction with us. This policy details the manner in which Balondolozi processes your information.

Conflict of Interest Management Policy

This Conflicts of Interest Management Policy outlines our commitment to identifying, disclosing, and appropriately managing any circumstances which may give rise to a conflict of interest. By promoting transparency, accountability, and ethical decision-making, we aim to safeguard the integrity of our operations and maintain the trust of our stakeholders. Balondolozi and its representatives therefore, avoid (or mitigate where avoidance is not possible) any conflict of interest between Balondolozi and a client or its representatives and a client.