WEBINAR: Strong Rand offsets ‘Trump & Brexit’ dividend – maintaining 30% pa return

It was just over two years ago that Biznews decided Zumanomics was going to severely damage the South African economy. And on the back of this, founder Alec Hogg launched the global portfolio, a hedge against the country's share price (the value of the Rand), anticipating that it would weaken over time. And it has, the portfolio has delivered a 30 percent per annum return. In the January update Alec unpacks the latest news and events around the portfolio holdings – a spread of nine companies and a tracker fund, in the United States and United Kingdom. This month saw share prices boosted by a 'Trump' and 'Brexit' dividend, but returns were offset by a Rand that strengthened by close to a Rand against both the Pound and Dollar, still maintaining that 30 percent per annum return. The webinar is transcribed below. – Stuart Lowman

Welcome to January the 26th broadcast of the global share Portfolio. This is our monthly webinar. We do bring you up to date every month for about half an hour on exactly how the portfolio has performed. This month there's some quite interesting changes to the share price performance, but the biggest change has been an increase in the value of the Rand, which has offset gains. So we went out very strongly in the US, as you'll see in a moment on the shares that we've bought, but the Rand has then taken away a lot of that shine, but first of all, I'm here in London, it's Alec Hogg and in Johannesburg, of course, as always our managing editor.

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