General equity funds and games
There were real returns for the JSE in 2019 after 2018’s losses, yet no less than R13.5bn was withdrawn from the general equity unit trust sector last year
26 March 2020 - 08:00
There were real returns for the JSE in 2019 after 2018’s losses, yet no less than R13.5bn was withdrawn from the general equity unit trust sector last year.
For most financial advisers it is far easier to put clients into one-stop multi-asset funds. They can pass the responsibility for asset allocation to a fund manager or multimanager. And individual investors who want to make regular savings would be foolish not to make use of the tax deduction from a retirement annuity, which has a 75% equity ceiling...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.