Quarterly Fund Commentary Quarter 3 2020

Local Market Commentary September 2020 Markets continued to climb higher in the third quarter, despite concerns around a resurgence in Covid-19 infections and continued setbacks in the search for a vaccine. Global central banks and governments continue to be...

Impact on client portfolios

Investors and market participants should be aware of the Coronavirus and the equity market declines which have occurred during February on the back of concerns around its likely effect on future economic performance and company profits. During market drawdowns such as...

Getting back from the Taxman

The end of the 2020 tax year is fast approaching with many of our clients looking to maximise the benefits afforded to them by the tax man. This can be done by “topping-up” your retirement annuity and tax-free savings account. Retirement Annuities Currently all...

Morningstar Market Overview – July 2018

Economic Summary The start of the third quarter showed a turnaround from the previous quarter, with renewed global risk appetite supporting the local bond market and currency. President Ramaphosa’s investment campaign also received a big boost following the...

May market summary:

May saw equities return -3.5% while bonds lost 2.0%. Listed property also declined by 6.0%, with cash the only positive asset class, at 0.6% higher for the month. The best performing sector for May 2018 was resources, up 4.8%.  Industrials and financials were both...