Saturday Star

2023: the year the recession never arrived

The year 2023 turned out far better for unit trust and exchange traded fund investors than many market commentators predicted.

The JSE All Share Total Return Index was up 9.3% for the year to December 31, according to Sanlam Investments’ Markets in Focus newsletter for December. This is a considerable improvement on the 3.6% it delivered in 2022.

According to the Corion Market Report for December, which sources its data from Morningstar, the

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