High equity multi-asset funds: The benefits of balance
At R514bn, the High Equity Multi-asset category is by far the largest in the unit trust sector
31 October 2019 - 12:00
At R514bn, the High Equity Multi-asset category is by far the largest in the unit trust sector. Even money market funds have fallen substantially in their market share as bank deposit rates have become more competitive, and now account for R340bn in assets.
Morningstar calls the High Equity category Aggressive Allocation, and excludes a few funds which it considers to be too conservative or undynamic...
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now