Allan Gray introduce Rand lump sum offshore investments

Allan Gray has recently launched a new offering where investors can deposit local currency into Allan Gray’s bank account and Allan Gray will facilitate the conversion into foreign currency.

Investors can now invest into a new offshore investment from R20, 000, whilst existing investors can add to their investments from as little as R5, 000.

Benefits of investing offshore:

  • South Africa represents less than 1% of the world economy. Investing offshore allows investors to spread their investment risk across different economies and regions.
  • Investing offshore provides access to industries and companies that may not be available in South Africa.
  • The Rand has decreased in value by 8.2% to the US Dollar over the past five years. We expect the Rand to continue to depreciate in the medium to long term.
  • Investing offshore offers diversification benefits, reduced emerging market and currency risk as well as maintaining hard currency spending power.

Orbis SICAV Global Balanced Fund

The Orbis SICAV Global Balanced Fund seeks to balance appreciation of capital, income generation and risk of loss with a diversified global portfolio of equity, fixed income and commodity-linked instruments. The fund is suitable for investors who are looking for capital appreciation without being fully exposed to equity markets.

Fund returns for the Orbis SICAV Global Balanced Fund (US Dollars):

Since Fund inception: 8.2%

5 year returns: 5.7%

3 year returns: 11.4%

This is a fantastic opportunity for investors to diversify their investment and access offshore investment opportunities. For more information please contact us at 0027 41 373 0601 or you can get in contact with us here

 

What is a Retirement Annuity? A Secure Way to Save for Your Future

Introduction to Retirement Annuities What is a retirement annuity? Planning for retirement is a crucial aspect of financial management. One avenue many individuals explore to secure their financial...

Monthly Newsletter – April 2023

Grey-listing – What does it mean for South Africa? Over the past few months, we have received numerous enquiries about South Africa’s Grey- listing. We hope to provide some insight...

January 2022 – Monthly Newsletter

Taxes, Taxes, Taxes! On 4th January 2022, Acting Chief Justice Raymond Zondo released the Judicial Commission of Inquiry into State Capture Report Part 1. The Commission was set up to...