Investment Review – July 2024

Market Indicators

  • JSE All Share (ALSI) 82,765.12
  • Rand/Euro R 19.70
  • Rand/Pound R 23.37
  • Rand/US Dollar R 18.20
  • Rand/Aus Dollar R 11.89

Beyond the Glitter, Understanding Gold as an Investment

The topic of gold has become increasingly ubiquitous as record-breaking values dominate news headlines. In this month’s article, we look at the story of gold, unpick what has been causing the gold price to soar over the past few months and options for investors looking to invest in gold.

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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.