Latest News & Developments
unit trusts
King Misuzulu’s suspension of Ingonyama Trust Board sparks parliamentary inquiry
The Portfolio Committee on Land Reform investigates the Ingonyama Trust’s legal status following governance concerns raised by King Misuzulu’s suspension of the Trust Board.
Understanding money laundering in South Africa: how businesses can protect themselves
Explore how South African businesses can combat the rising threat of money laundering and protect their operations from criminal activities.
Fairtree is SA investment industry’s Manager of the Year
The runners-up in the South African Manager of the Year race were last year’s winner, PSG Asset Management, in second place and Boutique Collective Investments in third place, each of which received a certificate.
Raging Bull Awards: all the nominated funds
The awards recognise the best actively managed unit trust funds on straight performance over three years and on risk-adjusted performance over five years to the end of 2023.
Words on Wealth: 2023: the year the recession never arrived
The year 2023 turned out far better for unit trust and exchange traded fund investors than many market commentators predicted.
Words on Wealth: Investment terms you should know
Personal Finance has always aimed at cutting through industry jargon to explain finance in language you can understand.
Trust-worthy: The years in review and ahead for trusts
Although many are of the view that South Africa introduced more stringent measures for trusts and companies in the past year, out of free will, the opposite is true.
SA Collective Investment Schemes attracts R9bn in net new investments in 2023 third quarter
The unit trusts industry, therefore, concluded the third quarter of this year with net quarterly inflows of R39 billion.
Trust-worthy: Is a once-off Beneficial Ownership Register sufficient?
Trustees are to keep a record of all the prescribed information under the TPCA, the regulations and Sars’s requirements.
Trust-worthy: Trusts and greylisting; when do trustees have to comply?
As a country, there is no alternative for us but to work together, as the consequences of non-compliance will be too ghastly to contemplate.
Words on Wealth: How your investments fared in the past quarter
Locally, investment performance echoed the subdued sentiment on the state of the South African economy.
Words on Wealth: What to consider when investing for income
Investing for an income is what you do, for example, when buying a life annuity with your retirement savings. You aren’t investing for some long-term accumulation goal; you are putting your money in an investment that will hopefully give you a sustainable return from which you can withdraw at regular intervals for your day-to-day living expenses.
Organise your savings for financial success
Dividing your savings into two separate categories – each with its own purpose – can provide clarity and boost your progress towards achieving your financial goals.
Words on Wealth: Shake-up due for SA’s investment industry
Our local collective investment industry attracts many of our brightest minds and boasts a level of sophistication and expertise to match the best in the world. I have always marvelled at this, considering how few South Africans consciously save.
Ruan Jooste’s Rants and Cents: Commercial paper’s worth and the paper it is written on
Commercial paper is a type of debt instrument issued by funders, which are not necessarily registered banks or authorised credit providers, to provide finance to companies to cover their short-term operational needs, or as the bean counters call it – working capital.
Words on Wealth: How your investments fared to the end of June
Financials were the best-performing sector on the JSE, gaining 6%, and resources stocks the worst, dropping by 6. 4%.
Trust-worthy: Wait before you accept your Sars auto-assessment and before you submit any tax returns
A complicated part of a trust is its tax treatment, the fact that it is a taxpayer of last resort. This means other taxpayers may have to reflect trust generated income and capital gains in their tax returns rather than the trust on its tax return.
Words on Wealth: Will actively managed exchange traded funds complicate things for investors?
South African investors were recently introduced to a new type of investment, the actively managed exchange traded fund, or AMETF. Although these funds have existed for some time on overseas markets, recent changes in financial regulations now allow for them to be traded on the JSE.
Words on Wealth: Investing in gold: cases for and against
Last week, exploring gold as an investment, I dug up some interesting facts about the yellow metal and looked at the history of the gold price over the last half-century.
Words on Wealth: How your collective investments performed in the first quarter of 2023
After reaching record levels of above 80 000 points in early January, the local stock market, as represented by the JSE All Share Index (Alsi), declined, probably on the back of South Africa’s load-shedding woes, continuing global inflation worries, and the US and European banking crisis, which, it seems, turned out to be not such a crisis after all.
Planning Points: Considerations for business owners who approach retirement
Retirement planning is crucial for everyone, but for business owners, it can be particularly complex. Unlike salaried employees who can rely on employer-provided retirement benefits, business owners have to take full responsibility for planning and saving for their own retirement.
Stokvels encouraged to diversify to grow their investment portfolios
The advantage is that stokvel members have an all-encompassing investment strategy that meets their demands in the short and long term rather than being overly involved in the short-term investments.
How to choose an asset manager.
Investing is a key aspect to creating personal wealth. An individual can select the stocks or bonds themselves, or outsource this to a fund or investment manager. Making the right choice when selecting a fund manager is key to long-term gains.