At the end of February 2019, I sent out a prediction article on silver.
In it, I mentioned that silver's price broke above a ceiling level (blue line in the graph below) at $15.80.
Since then, the silver market’s price buying momentum picked up and has been in a strong upward trajectory.
In fact, right now the silver price is trading at around $16.52, ... ››› more
Right now, there are just north of 400 shares on the JSE.
Of these shares, investment funds only invest in the top 40, and perhaps the top 100… Only 161 shares are on the JSE All-Share index…
If you invest in a fund you're most likely investing in the JSE's Top 40 Index. Unit trusts simply don't deviate from the index too far, because that's the only way they can match the index perfor... ››› more
As a member of the FSPInvest team, I have the privilege to speak to some of the smartest investors in the country. One of these expert financial minds is Francois Joubert, the editor of Red Hot Penny Shares.
The shares Francois recommend in this newsletter all cost less than R10 per share. They are so small that most people simply tend to ignore them.
It's like Francois says, “You see, t... ››› more
You invest your hard-earned cash into a fund to help grow your retirement portfolio, but in a mere 2 days, the fund you've invested in loses 66%.
This happened to investors in the Third Circle MET Target Return Fund in December.
What's more, Asset Managers who invested in this fund also lost a fair chunk of their portfolio.
That's why today I want to share the three red... ››› more
If you're investing in a managed fund, you want benchmark beating performance in return.
Otherwise you'd be better off putting your cash into a passive fund, such as an exchange traded fund (ETF), and save yourself the management fees.
So how can you work out if a manager is worth the fees he charges?
Read on to find out…
Four factors to weigh up a unit trust’s performance
I... ››› more
Coronation Fund Managers manage the assets of institutions and companies, and provide unit trust fund management to the retail sector. The company has a listing on the Johannesburg Stock Exchange…
Full name: Coronation Fund Managers Limited
Short name: Coronat
Sector: Financial services – financial services
Five top facts about Coronation Fund Managers
Coro... ››› more
The one thing that worries many investors about actively managed unit trust funds is the costs involved. They are significant. And these costs eat into your potential return.
Have a glance at a fund's fact sheet and you might think all costs are included in the total expense ratio (TER), but you'd be wrong. TER doesn't include one-off costs, such as the fund's trading costs. And the more the f... ››› more
With the pressure heavily on fund managers to perform, there appears to be a growing trend in closet indexing. Closet indexing is when an actively managed unit trust fund starts to replicate its benchmark index. The result is you're paying more for a performance you could have got from investing in a tracker fund. Let's take a closer look at what's going on and what you can do about it…
The e... ››› more
Exchanges track the amount of trading volume on every index and every share on a daily basis. This shows the amount of buying activity and selling activity for each day. The greater the volume, the higher the buying and selling activity on that day. So what can you take from trading volume? Let's take a closer look…
Master my secret and t... ››› more
You might be surprised at the wide variety of different unit trust funds available for you to invest in. They come in a number of different forms and all work slightly differently. The most basic unit trust is the ‘normal' unit trust. Let's take a closer look at this type of unit trust…
‘Normal’ unit trusts, or Collective Investment Schemes (CIS), are the most basic level of unit trust f... ››› more
When it comes to investing and managing money, no fund manager has done it better than Coronation Fund Managers. Do a quick search on Google for the Coronation ‘Balanced Plus Fund' and you'll see it managed to capture almost all the growth on offer from our markets over the last ﬁve years! And this average return of 15.8% was enough to see the fund ranked ﬁrst against all its South African p... ››› more
When it comes to trading, even the world's best traders are happy when they call the market right just 60% of the time.
After all, with good money management, that weighting of more winning trades than losers is enough to make you a fortune.
So you can imagine how excited traders get when they have an opportunity to call the market right 80% of the time.
And today, I want to tell you how ... ››› more
A while ago I was speaking to a friend of mine about investing in shares. He told me he'd placed his entire portfolio in the hands of a company that manages funds.
He felt that because he wasn't a professional investor, he couldn't make money on the stock market. So, he believed, his money was better off with professional fund managers.
But the thing is, investing on the stock market isn'... ››› more
When you sink your hard-earned cash into anything, it's very difficult not to let your emotions get involved too. After all, if the worst happens, you could end up losing your investment. But have you ever thought about how much your emotions cost you? By letting your emotions interfere with your investment decisions, you could lose serious cash…
Nobody wants to lose money in any investment th... ››› more
Investing your money can be a formidable task.
The money you put in, and those good intentions you have along with it, can be thwarted by the simple lack of experience you have with the markets…
That's why many people decide to place their money with a fund manager. These managers spend most of their time analysing and making important decisions so that you don't have to.
But the proble... ››› more
The best performing local unit trusts were honoured at the annual Raging Bull Awards ceremony in Johannesburg on Wednesday. The Awards recognise the top performing unit trusts on both outright performance and risk-adjusted performance. If you're planning to invest in unit trusts this year, use these seven points to check if you've invested in a top performing unit trust. The Raging Bull Awards hon... ››› more
Disclaimer Note that FSP Invest, a division of Fleet Street Publications (Pty) Ltd, is a research house and not a registered broker, financial advisor or financial service provider. Our editors and customer services teams also do not give personal investment advice. The advice in this website is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing or if in any doubt about your personal situation, you should seek professional advice from a stockbroker or independent financial adviser authorised by the Financial Services Board.
We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found in this publication.
Remember: Never invest more than you can afford to spare and that the value of any investment, and the income derived from it, can go down as well as up. The past is not necessarily a guide to future performance.
Editors or contributors may have an interest in investments commented on in this newsletter. However they have signed restraints to prevent the abuse of their position as contributors to this publication.