Going local: South Africa-only unit trusts
How ‘pure’ are funds that focus solely on the domestic market?
30 May 2024 - 08:00
With the changes to regulation 28, a “domestic” unit trust can invest up to 45% of its assets globally and still be considered a South African fund. But there is an increasing demand from multimanagers and discretionary fund managers (DFMs) for a “pure” South African fund.
There are several high-profile funds with a JSE-only mandate...
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.