Market-friendly GNU will help to re-rate SA equities

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The STANLIB Enhanced Multi-Style Equity Fund slightly underperformed its benchmark in Q2 2024 due to its underweight in Anglo American, which was buoyed by the BHP bid, says Rademeyer Vermaak, Head of Systematic Solutions. However, over any rolling three-year period, the fund has consistently beaten its benchmark, reflecting its focus on the intersection of quality, value and growth to build robust portfolios. Over the next 3-6 months, Vermaak expects the market-friendly GNU in SA, together with a rate cut by the SARB, will support the domestic equity market.

25 Jul English South Africa Investing · Business News

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