STUART THEOBALD: Rocketing JSE Alsi leaves offshore advisers with egg on their face
Index has gained almost 80% since the plunge in March 2020, when lockdowns began worldwide
11 April 2021 - 21:28
If you rushed your investments offshore at the start of the Covid-19 pandemic, the wounds will take some healing. Since the plunge in March 2020, when lockdowns began worldwide, the JSE all share index (Alsi) has gained almost 80%.
Of course, no-one could have predicted the bottom, but had you just done nothing and remained invested through the period, you’d be up about 18% over the past 13 months, with 13% of that delivered this year...
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