SA’s active equity funds lag benchmark index in 2021
SA active funds still lagged the S&P SA 50 benchmark, which was up 30.5% over the same period
17 March 2022 – 17:16
SA’s active equity funds fared well in 2021, with the S&P SA domestic shareholder weighted capped index recording a return of 26.2%. However, SA active funds still lagged the S&P SA 50 benchmark, which was up 30.5% over the same period.
This is according to latest S&P indices versus active (SPIVA) SA scorecard, which measures the performance of the active SA equity and fixed-income funds dominated in rand, against their benchmarks…
Source: businesslive.co.za