Investment Review – July 2025

Market Indicators

  • JSE All Share (ALSI) 98,519.51
  • Rand/Euro R 20.56
  • Rand/Pound R 23.84
  • Rand/US Dollar R 17.98
  • Rand/Aus Dollar R 11.59

Beyond the Factsheet: Inside the Engine Room of Your Investments

When you invest in a unit trust or model portfolio, it’s easy to focus on the fund name or past performance. But what actually drives your returns?

This article takes you beyond the factsheet and into the engine room of your investments—where companies like Meta, Microsoft, and Nvidia are doing the heavy lifting. It looks at how these businesses shape long-term outcomes and why understanding what’s under the hood matters.

(Read More)

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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.