My 2 Cents

Cy Jacobs – 36ONE Market Views

Cy Jacobs manager of the 36ONE Hedge Fund gives his views on the current market in a Hot Seat interview on AssetTV. A summary of the points he made: future struggles of emerging markets; physical gold as an option; South Africa struggling into 2023 to get to 2019 growth; cautious of over-geared listed property companies;…
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Ninety One Opportunity Fund: Surviving the short term to thrive longer term

Clyde Rossouw discusses the fund and how its positioned for these uncertain times. He is underweight South African equities (24% less 4% Assore that is delisting). He prefers global equities to local equities. Note how he manages to get a higher global equity exposure by hedging back a portion of the global equities (minute 7)….
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Old Mutual PCS Global Equity Portfolio (Greg Potgieter and Andrew Dittberner)

The Old Mutual PCS Global Equity Portfolio has out performed the MSCI World Equity Index over the last three years. Clients that prefer holding shares and having input and discussion about their share portfolio will find value in the portfolio. You can access the PCS Global Equity Portfolio fund fact sheet here (FactSheet). In the…
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36ONE views on the market (Evan Walker and Cy Jacobs)

Most of our clients have exposure to Evan Walker’s 36ONE BCI Equity Fund (rated the top equity fund over years one to seven) and the top performing 36ONE Hedge Fund managed by Cy Jacobs. Click here for the 36ONE BCI Equity Fund fact sheet and here for the 36ONE Hedge Fund fact sheet. Both the…
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Rob Spanjaard (Rezco Value Trend) views on the market

We are in the process of using the partial recovery to de-risk client portfolio by allocating to active asset allocators. One of the solutions we are advising clients to consider is the Rezco Value Trend Fund managed by Rob Spanjaard. You can view the fund fact sheet here. In the interview below Rob discusses his…
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SARS Tax Season 2020

Note from SARS: In support of the President’s call to the Covid-19 pandemic, that Social Distancing be observed at all times and that we should at most stay indoors and limit movement, SARS is responding by rapidly enhancing its efforts to further simplify the tax return filing requirements for individual taxpayers and removing the need…
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Opinion: Counting the economic cost of South Africa’s lockdown

Article by Andrew Lapping – Allan Gray. As South Africans, we want our country to prosper and the quality of life for all those living within our borders to improve. Millions live in total poverty and rely on family or intermittent work to get by: life is tough, and often short, as malnutrition and hardship…
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Market Crash: Where to from here?

The market crash is a good opportunity to revisit your risk profile, asset allocation and the performance of your fund managers. In our investment reviews we will touch on these and look to the future and discuss how we should tilt your tactical asset allocation. In the video below, Global Matters: COVID 19 Economic Scenarios, Ms…
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Fundsmith: Annual General Meeting

One of the funds we use for offshore equity exposure is Fundsmith. Fundsmith is a UK based company and the link below is their Annual General Meeting. The meeting was held on 25 February 2020.

Technical Analysis of the Rand

Garth MacKenzie is arguably one of the best technical traders in South Africa. In the video below he gives insight on how he analysis the value of the Rand.