Allan Gray

blunomore

blunomore

Honorary Master
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If I invested R 275k in a stable fund in 2003 and it is worth R 525k now, is that a good performance? So-so? Should I consider taking it elsewhere?
 
It is far better than seeing a loss bluno.

What would the performance of 500k be in a call account over 5 years just as a matter of interest?
 
A= P ( 1 + r/100)^n
may apply if you solve for r you'll get the interest rate.
But I could be horribly wrong :)
 
blunomore said:
If I invested R 275k in a stable fund in 2003 and it is worth R 525k now, is that a good performance? So-so? Should I consider taking it elsewhere?
Click to expand...

Money doubles @ 15% every 5 years. In other words if you achieve an average return of 15% P.a and invest R1m, in 5 years it would be worth R2m.

You have achieved a healthy 13.8% or thereabouts.
Why would you want to move it? It will most probably be worth a million in 5 years time with Alan Gray.
 
I wonder how the riskier funds have performed though... I'm thinking you might have done well by this kind of mattress-stuffing investment so to speak.
 
blunomore said:
If I invested R 275k in a stable fund in 2003 and it is worth R 525k now, is that a good performance? So-so? Should I consider taking it elsewhere?
Click to expand...

take your money blue... people have become bankrupt of not taking their money or selling their shares... don't be greedy...

but i can't answer your question sorry about it being a good performance...

can i borrow R100k:D
 
chutzpah44 said:
Money doubles @ 15% every 5 years. In other words if you achieve an average return of 15% P.a and invest R1m, in 5 years it would be worth R2m.

You have achieved a healthy 13.8% or thereabouts.
Why would you want to move it? It will most probably be worth a million in 5 years time with Alan Gray.
Click to expand...

I don't want to move it, simply enquiring about the performance actually.

alf101 said:
When you're over 50, the Stable fund is a good idea.
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LOL, far from 50.

koeks said:
take your money blue... people have become bankrupt of not taking their money or selling their shares... don't be greedy...

but i can't answer your question sorry about it being a good performance...

can i borrow R100k:D
Click to expand...


So you say I should 'take the money' ... umm, where? :D
 
Allan Gray is one of the better managers IMHO, my favourite in fact

The stable fund isn't meant to grow as quickly as possible, its meant to offer stable returns while trying to avoid capital loss, as far as i can remember (looked at a couple of their funds earlier this year).

The risk profile of the stable fund matches this, so in the end its up to you to decide what to do with the money. There is also a risk versus reward tradeoff.

If I were you id keep it there :D
 
Boomstomp said:
Allan Gray is one of the better managers IMHO, my favourite in fact

The stable fund isn't meant to grow as quickly as possible, its meant to offer stable returns while trying to avoid capital loss, as far as i can remember (looked at a couple of their funds earlier this year).

The risk profile of the stable fund matches this, so in the end its up to you to decide what to do with the money. There is also a risk versus reward tradeoff.

If I were you id keep it there :D
Click to expand...

That's my plan. I would cry my eyes out if I lost the money.
 
Yes and 10.83% on a monthly accrual (NACM) basis.

Better than inflation and probably took quite a knock in the last year or so? All-in-all, for a passive investment, I wouldn't be too unhappy.

edit/ based on 72 months
 
Wow. One day I'd like to have 275k to put in a fund. Or put it on my head and wear it as a hat :)
 
Ok, well we will take that money, investing it in an easy+ bond portfolio, then move it to an offshore investment, take it to the financial enterpri...aaaaaaaaand it's gone.
 
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