FSCA-Licensed · Category I & II · No. 43123

A global equity manager, African owned.

LAPIS Fund Managers (Pty) Ltd is a 100% Black-owned and managed South African asset manager built around a single discipline: rules-based global dividend equities, selected through LAPIS's proprietary analyses.

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● Company overview

Built for one asset class, mastered.

LAPIS Fund Managers (Pty) Ltd was founded to become an elite global equity fund manager, with a distinctive and unique investment offering. The company is 100% Black-owned and managed, and holds Category I & II licences with the Financial Sector Conduct Authority, under FSCA number 43123.

Our team brings diverse financial-markets experience, concentrated specifically on the equity dividend asset class — the discipline we know deepest.

Working in partnership with LAPIS Asset Management Limited, we built a platform offering several LAPIS Equity Dividend Indexes, which form the basis of our unique equity offering.

100% Black-owned & managed
FSCA Category I & II — Lic. 43123
Est. 2010 — Reg. 2010/024497/07
Polished lapis lazuli stone
LAPIS — the stone the firm takes its name and discipline from.
● What guides us

Five principles, applied without exception.

Development

We invest in teams of people that have a growth mind-set.

Entrepreneurship

We believe we're standing at the next major technological breakthrough, and invest in people who share this outlook.

Principled

Our professionalism, reputation and integrity are the foundation of LAPIS Fund Managers.

Performance

We are committed to a strong code of governance and compliance, which forms the foundation of our performance.

Transformation

As an African asset manager, we offer a predictable equity-analysis investment approach that differs from local peers.

Flagship strategy

LAPIS Global Equity Portfolio — USD

A single blended strategy across three rules-based sleeves — US, Swiss and global innovation dividend payers — built on LAPIS's proprietary Dividend Yield Analyses.

50
Stocks total
60% — LAPIS US Top 50 DY Analysis
20% — LAPIS Swiss Top 25 DY Analysis
20% — LAPIS Global Innovation Leaders 50 DY Analysis
60%

LAPIS US Top 50 Dividend Yield Analysis

50 equally-weighted US stocks, each with a market capitalisation above USD 10 billion, with uninterrupted and continuously increasing dividend payments over the last 10 years.

20%

LAPIS Swiss Top 25 Dividend Yield Analysis

25 equally-weighted Swiss stocks with a minimum market capitalisation of CHF 2.5 billion, with uninterrupted and continuously increasing dividend payments over the last 5 years.

20%

LAPIS Global Innovation Leaders 50 Dividend Yield Analysis

The top 10 companies from each of five LAPIS analyses — Software Technology, Medical Devices, Semiconductor, Financial Technology and 5G & IoT — equally weighted, each above USD 25 billion market cap, with 80% showing a 5-year uninterrupted dividend growth streak.

Selection illustrated on a USD 10,000,000 allocation across 50 stocks. Holdings shown are illustrative; actual portfolio composition may differ.

Historical performance

16.10%
3-year avg
11.05%
5-year avg
13.65%
10-year avg
647.21
20122014201620182020202220242026
Chart and performance figures reflect full implementation of the proposed investment strategy and are illustrative only; past performance does not predict future results.
0.80% p.a.
Management fee
USD 10.0m
Sample allocation
2.93%
Dividend yield
8.55%
Performance YTD
● Portfolio detail

Sample holdings by sleeve

Illustrative constituents of each LAPIS Dividend Yield Analysis within the Global Equity Portfolio, based on a USD 10,000,000 allocation. Actual portfolio composition may differ.

NameISINCcy
AbbVie IncUS00287Y1091USD
Chevron CorpUS1667641005USD
Procter & Gamble Co/TheUS7427181091USD
Home Depot IncUS4370761029USD
Bank of America CorpUS0605051046USD
Merck & Co. Inc.US58933Y1055USD
Philip Morris InternationalUS7181721090USD
UnitedHealth Group IncUS91324P1021USD
Morgan StanleyUS6174464486USD
Goldman Sachs Group IncUS38141G1040USD
PepsiCo IncUS7134481081USD
Verizon Communications IncUS92343V1044USD
AT&T IncUS00206R1023USD
Amgen IncUS0311621009USD
NextEra Energy IncUS65339F1012USD
NameISINCcy
Texas Instruments IncUS8825081040USD
Pfizer IncUS7170811035USD
Lowe's Cos IncUS5486611073USD
Prologis IncUS74340W1036USD
Bristol-Myers Squibb CoUS1101221083USD
Comcast Corp-Class AUS20030N1019USD
Starbucks CorpUS8552441094USD
Altria Group IncUS02209S1033USD
CVS Health CorpUS1266501006USD
Automatic Data ProcessingUS0530151036USD
American Tower CorpUS03027X1000USD
United Parcel Service-Cl BUS9113121068USD
Nike Inc-Cl BUS6541061031USD
PNC Financial Services GroupUS6934751057USD
US BancorpUS9029733048USD
NameISINCcy
Roche Holding AGCH1499059983CHF
Novartis AG-RegCH0012005267CHF
Nestlé SA-RegCH0038863350CHF
UBS Group AG-RegCH0244767585CHF
Zurich Insurance Group AGCH0011075394CHF
Cie Financiere Richemont-A RegCH0210483332CHF
Swiss Re AGCH0126881561CHF
Holcim LtdCH0012214059CHF
Swisscom AG-RegCH0008742519CHF
Schindler Holding-Part CertCH0024638196CHF
NameISINCcy
Microsoft CorpUS5949181045USD
Amazon.com IncUS0231351067USD
Johnson & JohnsonUS4781601046USD
Broadcom IncUS11135F1012USD
Alphabet Inc-Cl AUS02079K3059USD
Oracle CorpUS68389X1054USD
Meta Platforms Inc-Class AUS30303M1027USD
Thermo Fisher Scientific IncUS8835561023USD
Taiwan Semiconductor-SP ADRUS8740391003USD
Visa Inc-Class A SharesUS92826C8394USD
The stocks listed are for illustrative purposes only; the actual portfolio composition may differ.

Country allocation

78.85% United States
18.72% Switzerland
2.44% Taiwan

Sector allocation

23.63% Technology
22.10% Healthcare
16.16% Financials
12.01% Consumer Cyclicals
10.44% Consumer Non-cyclicals
5.71% Industrials
9.95% Others
Get in touch

Let's talk about your portfolio.

Whether you're exploring a direct mandate, an advisory relationship, or want to understand the LAPIS Dividend Yield Analyses in more depth — our team is ready to talk.

Email us
CompanyLAPIS Fund Managers (Pty) Ltd
Head office1 Parade Street, Bedfordview,
Sandton, 2196, South Africa
Company no.2010/024497/07
Email (SA)office@lapis.co.za
Web (SA)www.lapis.co.za
Partner (CH)www.lapis.finance