ACOF (Altvest Credit Opportunities Fund) provides tailored funding solutions to SMEs, focusing on working capital, asset finance, and energy projects. With a predominantly female team, it prioritizes women-led businesses, offering flexible financing at competitive rates. ACOF targets private credit investments with returns of IRR 26%-28% while driving economic growth, job creation, and financial inclusivity in South Africa.

Portfolio Performance Overview

Metric	Value
Total Capital Deployed	R240 million
Value of Security	R548 million
Deals in Pipeline	R684 million
Total SMEs Funded	30
Economic Sectors Covered	19
Average Loan Size	R5.57 million
Largest Loan Issued	R30 million
Assets Under Management	R326 million

Economic & Social Impact

Impact Metric	Value
Jobs Supported	884
Jobs Created	471
Funding to Female-Led SMEs	R51 million
Women Empowerment Discount	Up to 25% on borrowing rates
Cost of Supporting 1 Job	R271,149
Cost of Creating 1 Job	R420,518

Strategic Collaborations

ACOF has partnered with JSE, MTN, and NSBC to broaden SME access to funding. Through the JSE Enterprise Acceleration Programme, ACOF has connected over 500 SMEs with financing opportunities. Its partnership with MTN’s Xlerator Programme focuses on empowering women-led businesses.

Future Outlook & Growth

ACOF is actively expanding its R5bn Domestic Medium-Term Note Programme while refining its credit screening and digital lending platform to improve accessibility and efficiency.