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| Where I Am? | Viewer ==> Am I saving blindly, or do I know where I’m going? | |||||||||||||
PSG Collective Investments |
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| PSG Collective Investments | Q4 of 2023 | 3 years ago |
In our recent investment presentations, my colleague Hennie Fourie provided a very good explanation of the power of compounding. He explained that although the initial amount may be quite small, doubling over time, it may grow to a very substantial amount over a 30-day period. The bigger the base, the greater the effect of compound growth over time.
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In 1965, the first unit trust in SA , Sage Domestic Equity Fund ,was launched.DYNAsset manager Allan Gray UT Manco was founded by the same person Allan Gray in 1973. |
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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. |