A Look at Our Unit Trusts: Insights and Trends

Written by Ronald Maako | Mar 15, 2024 12:56:15 PM

We're back with an update on how unit trusts on the EasyEquities platform have been performing! We've been looking at data from February 26th to March 8th, and here's what we found:

Top YTD Performers:

Sygnia FANG.AI Equity Fund Unit Trust Class A takes the crown for the highest overall growth rate at a whopping 74.98% over the past 12 months. However, it's essential to note its recent dip in March 2024.
ABSA Property Equity Fund Class C1 displayed solid growth rates of 19.67% and 22.84% over the last 6 and 12 months, respectively.
Metope Property Prescient Fund C2 continues to show positive growth across all timeframes, although its pace has slowed down slightly.
SaltLight SNN Worldwide Flexible Fund is a consistent performer, showing steady growth over 1, 3, and 6 months.

Notable trends

These funds really stepped up their game!

Balanced Funds: Most have shown moderate positive performance, with Emperor IP Balanced Fund and Allan Gray Orbis Global Equity Feeder Fund standing out.
Global General Equity Funds: Funds like Sygnia FANG.AI Equity Fund, SaltLight SNN Worldwide Flexible Fund, and Bluealpha BCI Global Equity Fund C have all shown impressive growth over short and long terms.
South African General Equity Funds: BCI Methodical BCI Equity Fund B1 and Sentio SCI Hikma Shariah General Equity Fund held their ground with steady growth.
Property Funds: Generally positive performance with gains in several funds like Metope Property Prescient Fund C2 and ABSA Property Equity Fund Class C1.
Income Funds: Stable growth seen in this category, with notable performers being Fairtree Flexible Income Plus Fund Class A1 and BCI Income Plus Fund Class C.
Camissa Islamic Balanced Fund: This is one to watch. The fund unfortunately has negative growth across all timeframes, with a particularly significant decrease over the past 1 and 3 months.
When it comes to total fund size, balanced funds are still the kings. Allan Gray Balanced Fund, Satrix Balanced Index Fund, and Coronation Balanced Plus Fund are the heavyweights here.
Income funds are holding their own, with Prescient Income Provider A2 and Satrix Money Market B1 being the frontrunners.
There's only one global fund cracking the top 10 by size: NinetyOne Global Franchise FF H.

So, what's next?

This is just a taste of what's happening in the world of EasyEquities unit trusts. Dive into our platform, explore the many options we offer, and compare funds using our EasyWealth platform. Remember, doing your own research is key!

Disclaimer:
This blog is intended for informational purposes only and should not be construed as financial advice. Before making any investment decisions, it's crucial to conduct your own research, consider your risk tolerance, and remember past performance doesn’t guarantee future returns. Past performance does not indicate future performance

Any opinions, news, research, reports, analyses, prices, or other information contained within this research is provided by an employee of EasyEquities an authorised FSP (FSP no 22588) as general market commentary and does not constitute investment advice for the purposes of the Financial Advisory and Intermediary Services Act, 2002. First World Trader (Pty) Ltd t/a EasyEquities (“EasyEquities”) does not warrant the correctness, accuracy, timeliness, reliability or completeness of any information (i) contained within this research and (ii) received from third party data providers. You must rely solely upon your own judgment in all aspects of your investment and/or trading decisions and all investments and/or trades are made at your own risk. EasyEquities (including any of their employees) will not accept any liability for any direct or indirect loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on the market commentary. The content contained within is subject to change at any time without notice.

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