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| Where I Am? | Viewer ==> CURRENCY STRATEGIES IN A BALANCED PORTFOLIO | |||||||||||||
Prescient Asset Management |
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| Prescient Asset Management | Q2 of 2023 | 3 years ago |
Purchasing power parity is the seductive theory that all assets cost the same everywhere relative to one base unit of account. This means that one cup of coffee should cost $1 in the US and $1 in South Africa. This $1 cost converted into rand mean we would pay R14 for a cup of coffee. If they do not cost the same there’s an incentive for trade to bring the discrepancy back in line.
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Deutshe Group s Db-Trackers sold local Itrix Etfs to Sygnia in a R350 million deal in 2017.10X Investments acquired CoreShares in 2022.DYN |
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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. |