Should I invest 45% of my portfolio offshore?
Where I Am? | Viewer ==> Should I invest 45% of my portfolio offshore?

Allan Gray Unit Trust Management

  Allan Gray Unit Trust Management   Q2 of 2023 | 3 years ago

Retirement and local unit trust investors are now able to allocate up to 45% of their portfolios anywhere outside South Africa, from the previous offshore limits that allowed 30% outside Africa, plus 10% in Africa excluding South Africa (“ex-SA”), for a theoretical maximum of 40%. While the increase in the total allowed outside South Africa on paper is only five percentage points, in reality, most investors previously held less than 5% in Africa ex-SA. In practice, the recent change will mean that most investors can now invest an additional 50% of their portfolio offshore.


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Did You Know ?

In 2021, 1st Fusion AM ceased to operate unit trusts, tranfering its existing 3 funds to Stonewood AM.

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