Important Notice

The content of this website has been approved for the purpose of section 21 of the United Kingdom (“UK”) Financial Services and Markets Act 2000 by Credo Capital Limited (“Credo”) which is authorised and regulated by the Financial Conduct Authority (“FCA”) in the UK and is a member of the London Stock Exchange. Credo is authorised in South Africa by the Financial Services Board (“FSB”) as a Foreign Financial Services Provider.

The Fund is an umbrella-type open-ended Irish Collective Asset-management Vehicle fund (the “ICAV”) with segregated liability between Sub-Funds. The ICAV has been authorised by the Central Bank of Ireland (the “Central Bank”) as an undertaking for collective investment in transferable securities pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011 as amended by the European Union (Undertakings for Collective Investment in Transferable Securities) (Amendment) Regulations 2016. The authorisation of the ICAV by the Central Bank is not an endorsement or guarantee of the ICAV by the Central Bank nor is the Central Bank responsible for the content of the Prospectus for the ICAV, the Supplements for the Sub-Funds or the content of this website. The authorisation of the ICAV by the Central Bank does not constitute a warranty as to the performance of the ICAV and the Central Bank will not be liable for the performance or default of the ICAV. The Manager of the ICAV is in the process of applying for the ICAV and the Sub-Funds to be recognised by the FCA and the FSB. While the FCA authorisation is expected to take between 2 and 4 weeks, the FSB authorisation may take up to 6 months. Until such authorisations are obtained in each jurisdiction, the ICAV and the Sub-Funds may not be promoted to retail investors in these jurisdictions.

The information contained in this website does not constitute, and may not be used for the purposes of, an offer or an invitation to subscribe for any Shares by any person in any jurisdiction (i) in which such an offer or invitation is not authorised; or (ii) in which the person making such offer or invitation is not qualified to do so; or (iii) to any person to whom it is unlawful to make such offer or invitation.

An investment in the ICAV must not be promoted in or offered into the United States. Investors must inform themselves of the legal requirements within their own countries or jurisdictions for the purchase, holding, transfer, redemption or other disposal of shares in any Sub-Fund. Potential investors must rely on their own representatives, including their own professional advisers as to the legal, tax, investment or any other related matters concerning the Sub-Funds and an investment therein.

The information contained in this website is for the exclusive use of the person to whom it has been delivered, is confidential and may not be copied, distributed, or otherwise given or disclosed in any manner to any person without the written permission of Credo. This material was prepared exclusively for information and discussion purposes only and to provide potential investors with a preliminary indication of the feasibility of a possible investment opportunity in the Sub-Funds. This material is not meant to be, nor shall it be construed as, an attempt to define all relevant terms and conditions of the potential investment or to contain all information that is, or may be, material to an investor. No investment in any of the Sub-Funds should be considered without the investor reading the ICAV’s Prospectus and the Supplement for the relevant Sub-Fund and in particular the risk warnings contained therein.

Potential investors should not invest in a Sub-Fund unless they have considered whether the Sub-Fund is suitable for them in light of their knowledge and experience, financial circumstances, investment objectives, attitude to risk and risk capacity. Potential investors should consult with their Financial Advisor to determine whether an investment in a Sub-Fund would be suitable for them.

Past performance is not necessarily a guide to future performance, income is not guaranteed, share prices may go up or down and you may not get back all or any of the amount invested and the performances of the Guernsey registered Credo Global Equity Fund, the Best Idea and Dividend Growth Portfolios are not necessarily a guide to the future performance of any of the Sub-Funds and any forecasts or estimates constitute a judgement as at the date of this document. There can be no assurance that the future results will be consistent with any such opinions, forecasts or estimates. The value of your investment may rise or fall due to changes in tax and currency exchange rates, for example if the base currency of a Sub-Fund differs from the currency in which you measure your wealth. Potential investors are also warned that Credo may have a conflict of interest as regards investments in the Sub-Fund where it is your investment manager or advisor as it is also the investment manager of the Sub-Funds. It is usually Credo’s preference to invest its clients, or advise its clients to invest in, the Sub-Funds, where such an investment is suitable for its clients. Please refer to Credo’s full Conflicts of Interests Policy which can be found on its website at

Taxation consequences will be dependent on the circumstances of individual investors in a Sub-Fund and intended investors should take advice on their own taxation position before investing in a Sub-Fund. This document should not be construed as containing an offer to invest in any of the Sub-Funds. This document has been created for information purposes only and has been compiled from sources believed to be reliable. Information contained in this document is based on present circumstances, intentions and beliefs and may require subsequent modifications.

None of Credo, or its directors, officers or employees accepts liability for any loss arising from the use of or reliance on this website or for any act or omission, or makes any representation as to its accuracy and completeness and they expressly disclaim any and all liabilities for any representations, expressed or implied, with respect to this website or any other written or oral communication to any interested party or potential investor.


The Sub-Funds* of Credo ICAV (“the Funds”) are Irish registered UCITS funds. Although the Funds are registered in Ireland, we don’t foresee any issues in the event of a hard Brexit as Memoranda of Understanding have been agreed between European regulators and the UK, which will allow Credo to continue to be the Investment Manager of the Funds. Measures have also been put in place by the UK regulator to allow the Funds to continue to be marketed and distributed in the UK. Furthermore, South African investors are not impacted by these events and the Funds will continue to be authorised by the South African regulator. Whilst negotiations are ongoing, and the final outcome of Brexit is still unknown, we expect the above measures to be unchanged.

(*) Credo Global Equity Fund, Credo Dynamic Fund, Credo Growth Fund.