Investment Review – September 2019

Market Indicators

  • JSE All Share (ALSI) 54,824.97
  • Rand/Euro R 16.54
  • Rand/Pound R 18.66
  • Rand/US Dollar R 15.16
  • Rand/Aus Dollar R 10.23

Aim Low

Finance Minister Tito Mboweni has recently put forward a new economic growth plan for South Africa. It comes at a difficult time, as the local economy has struggled both in terms of growth, but also governance. Successful execution of plans such as this are critical in the country’s recovery.

In this month’s article, we try to convey the main themes guiding the plan and the intended benefits it will bring to the economy.

(Click link to download PDF)

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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.