WEBINAR: Global portfolio maintains 32% annualised return; despite Ramaphoria

The Cyril Ramaphosa effect has seen the South African Rand return to levels last seen in 2014. This, the same year the Biznews Global portfolio was launched.
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JOHANNESBURG — The Cyril Ramaphosa effect has seen the South African Rand return to levels last seen in 2014. This, the same year the Biznews Global portfolio was launched. And despite this flat line growth seen in the currency against the US dollar, the portfolio has managed to maintain an annualised return of 32 percent. Driven mainly by holdings in Amazon and Alphabet. Alec Hogg takes viewers through February's update. – Stuart Lowman

Let me just give you some of the overall numbers in the last month. In January the portfolio was sitting at R4.48m. It is now sitting at R4.31m. Now that's a decline in Rand terms but in USD terms it's gone from $330k to $369k, so it's gone up by almost $40k in the month. The difference then in the Rand is because the Rand has been extremely strong over the last month.

___STEADY_PAYWALL___

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