The Newsletter for the Pension Fund Industry & Pension Fund Investors:
The Early Bird fund performance indicators for April 2021 have been released. To get an early feel for what to expect of the month in terms of returns on your pension investment, the market gained 0.68% (Allshare Index ex div), ranging between 7.55% (Health Care) and -11.11% (Oil & Gas Producers). The Rand strengthened by 1.99 % to the US$. Typical prudential managed pension portfolios returned between 1.64% (Prudential Balanced Fund) and -0.45% (Old Mutual Namib Growth Fund) after fees.