The STANLIB Enhanced Multi Style Equity Fund, an active SA equity fund, outperforms its benchmark, the JSE’s Capped Swix Index, by taking rational decisions, says Rademeyer Vermaak, Head of STANLIB’s Systematic Solutions business. Rademeyer says the fund may underperform when the market is irrational, but ultimately investors will always prefer stocks that offer higher quality, good growth prospects and are cheap relative to others. Listen to Rademeyer explain the fund’s philosophy.