Why did funds’ re­turns dou­ble?

Weekend Argus (Saturday Edition) - - GOODPUZZLES -

We re­cently no­ticed that the re­turns from the Old Mu­tual In­come Fund and the Old Mu­tual En­hanced In­come Fund seemed too good to be true. The nor­mal quar­terly re­turns for the In­come Fund were about R5 800, while those for the En­hanced In­come Fund were about R2 900. In March, the re­turns jumped to R11 500 and R5 300 re­spec­tively for the same amounts in­vested in each case. We have a num­ber of in­come funds with other in­sti­tu­tions and these have not sud­denly dou­bled their re­turns.

Ken and He­len Wynne-Dyke

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