2019 Tax Season for individuals

2019 Tax Season for individuals

The 2019 tax season opened on 1 July 2019 and will close on 31 October 2019 for individuals who are non-provisional taxpayers and submitting via the SARS branches; for eFiling the deadline is extended until 4 December 2019. Provisional taxpayers submitting via eFiling have until 31 January 2020 to submit their returns. Supporting documentation that […]

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MARKET OVERVIEW – MAY 2019

MARKET OVERVIEW – MAY 2019

Global equity markets suffered a broad-based downturn in May following a new bout of tariff increases in the US-China trade war, exacerbated by growing concerns over the impact it will have on global growth. In the UK, Prime Minister Theresa May’s failure to successfully negotiate Brexit led to her forced resignation. Meanwhile, signs of an […]

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Market Overview – April 2019

Market Overview – April 2019

Global equity markets recorded healthy gains in April, as positive investor sentiment (largely arising from the easier global monetary outlook) outweighed renewed concerns over a slowdown in global growth. The IMF revised its 2019 global growth forecast down to 3.3% from 3.5% previously, citing the decelerating US and EU economies, as well as ongoing trade […]

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Market Overview – March 2019

Market Overview – March 2019

Global equity and bond markets were broadly positive in March, buoyed by the US Federal Reserve’s easier interest rate stance that put the brakes on further interest rate hikes for the remainder of 2019. Developed markets outperformed emerging markets, shrugging off concerns over a contraction in global growth and political uncertainty in Europe. In Europe, […]

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Market Overview – February 2019

Market Overview – February 2019

Amid growing signs of a global growth slowdown, financial markets were cheered in February by several positive developments that left developed equity markets with solid gains and the US dollar stronger. Emerging market assets, in contrast, saw largely lacklustre returns, although South African equities benefited from stronger offshore-focused Resource and Industrial shares during the month […]

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The trouble with switching in and out of funds

The trouble with switching in and out of funds

During periods of underperformance, even the most experienced investors get tempted to switch funds in search of better returns. However, switching funds in response to short-term market conditions can jinx your investment success over the long term. After a flat few years, 2018 was particularly difficult for local investors, with the FTSE/JSE All Share Index […]

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