Claude completed his B.Com degree at Rhodes University and B.Com Honours degree from UNISA. He is also a CFA. He joined Karlein Independent Investment Consultancy (KIIC) in 1993 as a trainee portfolio manager. He subsequently joined SIM (then Gensec Asset Management) as senior analyst: equities. * Joined Sanlam Asset Management in 1994 as an equity analyst.* In 1998 joined Gryphon Asset Management as a portfolio manager and analyst (running unit trusts and pension fund portfolios as well as retaining research responsibilities).* Returned to SIM in 2002. * Head of equities at Sanlam Investment Management. * Has researched a number of sectors across the JSE in the 14 years that he has been an analyst/ portfolio manager. * Currently runs the Sanlam General Equity unit trust, after managing the Industrial unit trust for a number of years. * Member of SIM's model portfolio group that sets the equity house view and the asset allocation house view.

The fund has the primary objective of growth, by investing in a medium with a reasonable level of current income and relative stability for capital. The fund focus on achieving this objective by investing in financially sound companies which offer exceptional value. These include shares with a low price to earnings ratio, shares trading at a discount to their net asset value, and shares whose prices do not reflect future earnings potential. The investor most likely to invest in this fund is the more knowledgeable investor following an investment approach of seeking value.