IF YOU ARE concerned about the effect the upcoming elections may have on the rand and the local economy, you may be considering investing offshore or increasing your offshore exposure. Even without the drama that May 29 threatens to bring to our lives, financial advisers will tell you that diversifying offshore is a good idea.
A word of caution: the volatility of the rand against a foreign currency such as the dollar must always be taken into account when investing offshore, because it can turn an already volatile investment such as a share (equity) portfolio into a hyper-volatile one.
South Africans have
