JSE unit trusts have rewarded long-term investors
South Africans are fortunate that there are some local one-stop funds in which they can invest without an intermediary
27 March 2025 - 05:00
The annual presentation on unit trusts by the Association for Savings & Investment South Africa (Asisa) is always a good point to take stock of the industry.
Asisa still insists on calling unit trusts collective investment schemes, even though the internationally recognised term is mutual funds. Only South Africa and a few other countries in the Commonwealth such as Fiji still colloquially prefer the term unit trusts...
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