It is never a bad time to top up your allocation to global equities. Even when we are at the edge of a cliff, as we were in 2000 and 2008, markets soon recover. And it is always a better time to invest when the rand is relatively strong and, let’s face it, the alternatives of bonds and cash globally have little to offer — and global property seems increasingly unpredictable. There was a time when the Financial Services Board (now called the Financial Sector Conduct Authority) made it extremely tough for international players to bring their product into the market. This was good news for incumbents such as Investec, Stanlib, Sanlam and Allan Gray Orbis, but not for the public. But more recently a wide range of funds, with entirely different strategies, has become available to retail investors. In some cases investors don’t even need to source their own foreign exchange as they can buy these funds through rand-denominated feeder funds. Schroders has two of these available through the ...
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