Allan Gray

Once the JSE has returned to a bull market (sometime next year i expect, but as with last years fiasco, you never know), i might be tempted to switch to the balanced fund, but not yet.

: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...

They are, but a few of their top people have left the country.
Steven Mildenhall etc...
 
I must look into Allan Gray.

At the moment I'm just starting my investment portfolio (I'm 22) and I have half my portfolio in a fixed deposit account earning 10.43% pa

I think anything over 11% is pretty damn good.
 
You have to pay tax on interest earned in a back account.. but you pay capital gains tax on unittrusts
 
greggpb said:
You have to pay tax on interest earned in a back account.. but you pay capital gains tax on unittrusts
Click to expand...

or earn tax-free by paying it into your bond access facility - wouldn't given you a pretty good return the last couple of years - risk free
 
I know that you pay 40% tax on interest generated by trust but only 18% on personal income tax. I didn't know about the bond access facility, how does it work so its tax free?

It's always good to know loopholes when it comes to tax.
 
You must log in or register to reply here.
Back
Top
Sign up to the MyBroadband newsletter
X