Investment Review – June 2017

Market Indicators

  • JSE All Share (ALSI) 51,611.01
  • Rand/Euro R 14.94
  • Rand/Pound R 17.01
  • Rand/US Dollar R 13.09
  • Rand/Aus Dollar R 10.05

Investment Review – June 2017

In the investment world, where results are measured in percentage terms, it is very easy to lose track of the real value of advice. Of all the participants in the ‘investment value chain’, historically it has been the financial adviser who has most keenly felt the pressure to reduce their fees. Being people centric at heart, quite often they oblige. As it turns out, quite unfairly. (Click link to download PDF)

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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.