Conservative local funds driven aggressively by equities
Jun 25, 2021
3 minutes
By Leon Kok
stock markets have been all over the show in recent years and South African shares have been no exception. In the past year, we saw the FTSE/JSE All Share Index lose about a third of its value and now it’s up more than 35% on March 2020.
Five years ago, our market had been considered too expensive, yet in ensuing years, many general unit trusts performed pretty poorly relative to domestic inflation. Not dissimilarly on the international front, we’ve seen the Global Dow rise by 54%
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