Active fund management shines quietly in difficult times.

Let us use all SA general equity unit trust funds with a current fund size of R1bn or more: Until 19 March 2020, only 35% of these funds were able to outperform the JSE's average return for the six preceding 12-month rolling periods since 19 March 2014. Of all SA general equity unit trust funds that currently have a fund value of R1bn or more, 54% managed to outperform the JSE, whose recovery totalled a whopping 54% over the last 12 months (until 19 March 2021). This was such a difficult time for these funds that for the 12-month period ending 19 March 2018, no SA general equity unit trust fund could outperform the JSE at all. [Extracted from the article]

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