Morningstar study shows clear preferences in fund selection.
South African investors currently have a choice of 1 274 locally-registered unit trusts. That is a sizeable number on its own, but once you go outside of our borders, there are more than 74 000 funds from which to take your pick.
Individual South African investors can look forward to being able to invest in hedge funds from early next year. Industry insiders expect that the first retail products will be available by the first quarter of 2016.
Do you have that sinking feeling in your stomach that the markets, the economy and the rand are on a slippery slope to nowhere? It would be perfectly natural to feel that way, especially if you believe the more extreme commentary from some of the “experts” quoted in the media.