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.
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