Investment Review – November 2019

Market Indicators

  • JSE All Share (ALSI) 55,349.01
  • Rand/Euro R 16.16
  • Rand/Pound R 18.97
  • Rand/US Dollar R 14.67
  • Rand/Aus Dollar R 9.92

Sentiment and free advice, you may as well roll a dice

As humans we are conditioned to fight for survival. As an investor in South Africa, our survival instincts are kicking in right now. But can our instincts lead us astray? This month we look at choosing wisely when considering who to take your advice from, in a world where free advice is often worth as much as what you pay for it.

(Sentiment and free advice, you may as well roll a dice)

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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.