Your an­nual re­turns woul d ha ve been

Finweek English Edition - - MONEY -

SA cash and money mar­ket SA gov­ern­ment bonds Bonds un­der­writ­ten or guar­an­teed by SA banks (against their bal­ance sheets) Bonds un­der­writ­ten/guar­an­teed by state-owned en­ti­ties Other bonds Un­listed bonds Listed pref­er­ence and or­di­nary shares Kruger Rands and other ex­change-traded com­modi­ties Fixed prop­er­ties Listed prop­er­ties For­eign as­sets Hedge funds and pri­vate eq­uity 100% 100%

75% 25% 25% 15% 75% 10% 25% 25% 25% 15%

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