The investments that made South Africans the most money in the last 80 years
Old Mutual has released its Long-term perspectives report for 2017, detailing which asset class – between local shares, international shares, bonds, gold, cash and property – has seen the greatest return of investment over the last 87 years.
The primary aim of the report, which is now entering its fourth year, is to draw attention to the long-term behaviour of asset classes and, in so doing, provide perspective on the shorter-term volatility, said Graham Tucker, Balanced Fund Portfolio Manager at Old Mutual’s MacroSolutions.
It analyses these asset classes by using the MacroSolutions Balanced Index − a diversified portfolio that is a proxy for an average balanced fund (the main savings solution in South Africa).
The MacroSolutions Balanced Index dates back to 1929 according to the report, and provides a long-term total return series for an SA balanced fund. The Index has been fine-tuned over the years to reflect changes in the local investable universe.
Click on images to enlarge.
The value of R1 over 87 years in real terms
Winners by year (last 50 years)
Highest return (p/a) at the top, lowest return (p/a) at the bottom. Range in lowest row.
Winners by year (last 10 years)
Highest return (p/a) at the top, lowest return (p/a) at the bottom. Range in lowest row.
Overall Winner
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