Investment Review – May 2018

Market Indicators

  • JSE All Share (ALSI) 56,157.89
  • Rand/Euro R 14.80
  • Rand/Pound R 16.85
  • Rand/US Dollar R 12.68
  • Rand/Aus Dollar R 9.60

The Next 100 Years: What is South Africa’s Unique Selling Point?

Some investors may find it interesting to note that South Africa has been one of the globe’s best performing stock markets for almost 100 years. We have been fortunate to say the least, with returns outstripping inflation by more than 8% since 1926. Global investors have not been as lucky, a relatively low 6% real return above inflation over the same period, in US$. While this may seem like a small percentage, over this horizon it equates to three times the capital for local over global equities by the end.

(Click link to download PDF)

Tagged with: ,
Posted in Investment Review

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.