10 Feb 2018

We highlight the below points in our attached newsletter: Where are investment markets heading, up or down? Global ETFs reach $5trn Another lesson from Warren Buffet 201802 Monthly Newsletter USD...

10 Jan 2018

We highlight the below points in our attached newsletter: Sick to a long-term investment plan The global trend to passive continues Warren Buffet won the ten-year bet 201801 Monthly Newsletter ...

01 Feb 2017

There were strong relative flows to passive: In the US mutual fund (unit trust) and ETF savings pool, net flows in 2016 were $340bn out of active and $505bn into passive. Even more dramatic is the story for equity funds since 2008; investors have invested $1.3trn into passive equity funds and withdrawn $0.9trn from active equity funds. That’s a $2.2trn switch in investment style ove...

01 Feb 2017

We are pleased to let you know that we have launched three global Rand-based unit trusts with Prescient Management Company. Now our low-cost global investment style is accessible to retail clients and we are in discussion to have them listed on the main LISP platforms. We have three funds: Stylo Global Equity Prescient FOF Stylo Global Bond Prescient FOF Stylo Global Real E...

19 Jan 2017

I believe we add significant value to you, the adviser. We evaluate the thousands of  ETFs available and select ones we believe are most appropriate for each asset class or sub-asset class. We then build risk profiled solutions using these ETFs. We have three model portfolios: Growth: High Equity (75% equity target) Balanced: Medium Equity (50% equity target) Conservative: Low...

19 Jan 2017

Global ETF assets under management are now $3.5trn. Large institutional clients are expected to allocate more money to ETFs with a survey result forecasting that the market will double in the next five years. Retail flows in the US mutual fund and ETF industry have once again maintained the strong trend to low-cost funds. Morningstar estimates annual flows (to end April 2016): A...

12 Aug 2016

INVESTMENT LESSONS Lesson 2 - Taxes and Costs The next investment lesson is to keep taxes and costs down. Your investments grow from compounding as we have seen but they also reduce with tax and costs. The new tax free savings account (introduced last year) allows you to save tax free. How beneficial is this? There are different tax charges on investment returns and there are ma...

26 Jul 2016

INVESTMENT LESSONS Lesson 1 - Compounding If you’re in your 20s, 30s or 40s, you should be investing with a long-term plan.  This is a strange concept in our modern world where we are becoming more and more focused on the short-term - on instant results. But this long-term focus is critical. Not only because we are living longer so need to save for longer to fund our longer reti...

01 Apr 2016

South Africans can now invest in tax free savings accounts (TFSA). These simple and easy-to-understand products were introduced last year. They offer full disclosure on fees and have no penalties on cash-out. These are great for all of us and will hopefully create a culture of savings and attract first-time investors. The TFSA can house different investment types, from guaranteed and ...

15 Mar 2016

In the latest Financial Analysts Journal, John Bogle the Founder and Former CEO of Vanguard, describes the staggering triumph of indexing in the US: Index assets grew from $11m in 1975 to $4trn today. Indexed market share in equity mutual funds (unit trusts) have grown from 4% in 1994 to 34% in 2015. ETF equity assets have grown to $1.7trn. Mr Bogle, is critical of investors i...