Investors should not just limit themselves to unit trusts
There are many other investment options available on the market, including hedge funds and private equity
When I joined the unit trust industry in 1998 there was roughly R70bn invested in 190 funds. Today there is roughly R2.5-trillion invested across 1,240 funds. The largest fund in the industry today, with more than R145bn invested in it, is the Allan Gray balanced fund. It’s been an incredible journey to be part of and to watch in various roles over the years.
However, since becoming a financial planning practitioner in 2008, I have noticed that unit trust investments tend to dominate client balance sheets from a retail investments perspective. This makes sense when you consider that unit trust funds are the underlying investments in financial products such as endowments, retirement annuities and preservation and living annuity funds...
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