It was an excellent month for South African (SA) asset classes with SA property experiencing some welcome respite, earning 17.5%. The rand continued to strengthen, which depressed rand returns for global asset classes, but global risk assets still had a very good month. Global Bonds were the only negative returning building block for the month. Pleasing vaccine trial results and Joe Biden’s election win were the key market drivers for the Month.

Source: PortfolioMetrix

SA PROFILE PERFORMANCE