Unit trust performance
Top SA fund managers take a Covid-19 beating
The latest unit trust performance stats appear to vindicate SA’s notoriously risk-averse retail investors
Investors withdrew R13.5bn from equity unit trusts in 2019, against the advice of many experts who believe in maintaining a high equity exposure through thick and thin.
And yet, given 2020’s market rout — the JSE all share index has lost about 24% year to date — maybe they were, in fact, right.