The Early Bird fund performance indicators for July 2025 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 2.17% (Allshare Index ex div), ranging between 8.68% (Oil & Gas) and –4.76% (Consumer Services). The Rand weakened by 2.96% to the US$. Typical prudential managed pension portfolios returned between 3.469% (Lebela Balanced Fund) and -0.318% (Old Mutual Namibia Managed Fund) after fees.