Market update

24 February 2021

Covid taught us again to stand up and fend for ourselves.
The big surprise came in November when a sharp rise in returns happened. This awesome growth is still happening.

The main reason is that Recourses started giving us very good returns. RSA Inc. (local companies) started recovering again. Our export figures exceed the import figures for a while already. Our All Share Index shot through 66000 points.

Our Balanced funds gave 12% after costs and the Bonds did 8% after costs. Both are 12 months figures.

Portfolio managers gradually started buying local shares because of the cheap prizes. Listed property still lags behind due to the vast amount of vacant buildings.
Please let us wish each other a profitable and lucrative 2021.  

Contact us

Office Manager: Anna Hattingh
Email: admin@johannmeyer.co.za
Phone: 012 653 6577
Fax: 012 653 6577

Location

Wierde park
0149

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Financial Adviser CC.
An Authorised Financial
Services Provider (FSP) 10648