Hard-pressed consumers dip into unit trust investments in second quarter
But reinvestments exceed net outflows, leaving the local collective investment schemes industry with an effective net inflow of R16bn.
But reinvestments exceed net outflows, leaving the local collective investment schemes industry with an effective net inflow of R16bn.
The average balanced fund has delivered about CPI + 2% over 10 years, which is well below the returns these funds aim to deliver.
Assets under management increase to R3.27 trillion.
Two-thirds of CEOs expect unrest | Funds with exposure to Transaction Capital
This is one of three changes the Authority is proposing to make to Board Notice 90.
All the companies and unit trust funds that won trophies and certificates this week.
UT managers fight for market share | Coronation faces huge tax bill | MyMo accounts scandal | Insurance fraud | Discovery’s interim profits