WHY WOULD CON­SIDER ADDING IT

Finweek English Edition - - FUND IN FOCUS -

The fund’s big­gest ex­po­sure is to the US whose econ­omy keeps on gen­er­at­ing jobs and busi­nesses. When an econ­omy i s grow­ing, busi­nesses need space to rent and newly-em­ployed work­ers have to stay some­where. Rent is also a more pre­dictable stream of i ncome t han div­i­dends, which rely on profit gen­er­a­tion. Fi­nally the f und gen­er­ates i ncome i n for­eign cur­rency, mainly dol­lars, which makes it a rand hedge.

ed­i­to­rial@fin­week.co.za

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