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| Where I Am? | Viewer ==> Listed property sector – REITS in South Africa | |||||||||||||
Stanlib Collective Investments |
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| Stanlib Collective Investments | Q2 of 2023 | 3 years ago |
Prior to SA REIT legislation, there were historically two forms of listed property investment entities, namely Property Loan Stock (PLS) and Property Unit Trusts (PUTs). The complexity around PLSs and PUTs was difficult for investors to understand and caused confusion as to how income distribution was taxed.
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DYNIn 1965, the first unit trust in SA , Sage Domestic Equity Fund ,was launched.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). |
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| Disclaimer |
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| Please note that unit trusts investmets are generally classified as long-term investment products not suitable for trading and speculation. |