CASH BOOST

approach or fund of funds), or

2. Invest in an asset allocation unit trust: one may invest in all asset classes, in line with a predetermined risk profile and investment objective/target. It would typically be managed by one portfolio manager who makes all the investment and asset allocation decisions for the investor.

Taking into account the values and objectives in your question, and discounting some missing information – such as present or future values of the retirement income requirement, property value, travel and business expenditure – one can assume anything between R650000 (future value or R180 000 in present value) and R1.4 million (future value and R286 300 in present value) accounting for reduction in yield.

The difficulty of building a diversified portfolio is in deciding how much to allocate to each asset class. An experienced, authorised financial advisor will be able to help you identify some missing factors, then build a diversified portfolio right for you.

This cannot be considered to constitute advice.

Cell C plans to raise about $464m from the sale of two bonds as part of recapitalisation that will enable Blue Label Telecoms to buy a stake, according to two people familiar with the matter, Bloomberg reports.