Market update

Good news is hard to find when overlooking the small successes.

The rand/dollar exchange rate turned favorable for us. The ALSI touches the 84000 points barrier. The fuel prices came down a bit. The inflation rate dropped to 4.6%

Enough good news NOW better news! The Balanced portfolios we are invested in had an annual return of 12% and 13% over 24 months. This is what we expected to happen after the elections.

I recently had a look at a special offer a client was offered with a 16% return. The Sharpe Ratio on this offer was 7.64.

Managing your money, we may not make risky investments like that. Please see the attached Fund fact sheet for the Sharpe Ratio of 0.40.

Overall, our investments are doing well.

We are in the fast trac towards December and normally investments flourish during this time of year. Let’s be positive and look for more good news.