Investment Review – February 2022

Market Indicators

  • JSE All Share (ALSI) 76,090.5135
  • Rand/Euro R 17.28
  • Rand/Pound R 20.67
  • Rand/US Dollar R 15.40
  • Rand/Aus Dollar R 11.18

Ready Player One: Mapping the Metaverse

Set in a dystopian world 40 years in the future, Ernst Cline’s magnus opus, Ready Player One, captivated readers when it was first released as a novel, and a few years later when it came to the big screen. If you thought the Steven Spielberg directed blockbuster was the last instalment in the franchise, you’ll be surprised to find that Mark Zuckerberg is directing the sequel and he’s calling it the metaverse.

In this month’s commentary we provide some insight into this ‘new’ world and highlight where this fits in from an investment standpoint.

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The Allan Gray-Orbis Global Equity Feeder Fund remains fully invested in global equities. The objective of the Fund is to outperform the FTSE World Index at no greater-than average risk of loss in its sector.