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| Where I Am? | Viewer ==> Saving in a rising interest rate environment | |||||||||||||
Saving in a rising interest rate environment |
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| Allan Gray Unit Trust Management | Q1 of 2023 | 2 years ago |
This, one of the biggest interest rate hikes in recent times in the country, is likely to be a bitter pill for many South Africans, who are already carrying many financial burdens. However, the Monetary Policy Committee noted this drastic action as one of its measures to deal with the skyrocketing inflation, which has been stoked by record-high fuel costs and mounting food prices.
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Asset manager Coronation saw a need for a shariah-complient leaning asset managemnt and in 2002, founded a standalone manager Kagiso AM (now Camissa AM).in 2010s SIM Money Market Fund unit trusts enjoyed being ranked the biggest unit trusts fund till its dissolution.Ninety One Fund Managers derived their name from the year it was founded, 1991, initially called Investec Asset Management. |
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| Disclaimer |
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| Our unit trusts prices captured in and around the end of each month and are rounded off to the nearest full 1 cent. |