We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

It is useful to take stock of fund performance at the half-year stage, particularly now with the economy so much weaker than expected.

The high-equity balanced category is a fair place to examine fund manager skill. While a general equity fund needs to be invested at least 80% in equities through thick and thin, balanced funds can use the full toolbox of asset classes, including bonds and property and up to 30% in foreign assets. Over six months, the balanced category has seen a modest decline of 1%, which will surprise most of us who have lived through the continuous bad news of the coronavirus. The decline of the rand has helped boost the offshore portion...

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 articles from our international business news partners; 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

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.