Peering through the smoke
Where I Am? | Viewer ==> Peering through the smoke

Allan Gray Unit Trust Management

  Allan Gray Unit Trust Management   Q2 of 2024 | 2 years ago

Of the companies we research, the tobacco industry has some of the best structural fundamentals. Tobacco consumption is relatively price-inelastic, which means that price increases can make up for falls in sales volumes. Taxes make up a large portion of sale prices. This creates price leverage, causing consumer prices to rise by less than net revenues received by the business when excise rates do not change. In addition, specific taxes in some countries and efficient distribution make it difficult for new entrants to compete on price, especially since marketing is not allowed in most countries.


SA - MA - I
SA - E - G
SA - E - LC
G - MA - F
SA - IB - VT
G - E - G
SA - MA - F
R - MA - F
SA - RE - G
SA - MA - HE
Did You Know ?

Asset manager Investment Solutions was rebranded Alex Forbes Investments in 2017.

Head officed in Cape Town, Foord Fund Managers was founded in 1981 by Dave Foord.

JSE listed the first Active Managed ETF , CoreShares Income AMETF in 2023.

More Activities & News
Aluwani Snatch Afena

Activity Review for Sygnia

Activity Review for Satrix

Old Mutual Activity Review for 2020 - 2023

Prescient Funds Activity Summary 2020 - 2023

2020-2023 Manco Review: Momentum

More Opinions & Views
Alphabet's growth engines stall: Can it still fly?

Who’s right – personal finance experts or economists?

STRIKING A NEW BALANCE WITH INCREASED OFFSHORE ALLOWANCE

ALL PURPOSE FUNDS FOR RETIREMENTS INCOME

Navigating fluid global markets for solid returns

Disclaimer
Our unit trusts prices captured in and around the end of each month and are rounded off to the nearest full 1 cent.