In April our average prudential balanced portfolio returned minus 0.53% (March 2.15%). Top performer is Sanlam (0.43%), Stanlib (minus 1.12%) takes bottom spot.

Besides our usual graphs presenting index and portfolio performances,  the Rand: US Dollar exchange rate, foreign portfolio flows, in this edition of our monthly newsletter we will refrain from commenting on financial markets. Instead we refer our readers to the article ‘A view on equity investment and commodity prices’ that provides a view we fully subscribe to. Read it here...