WATCH: Stock pick — Dipula Income Fund

Nesi Chetty from Momentum chose Dipula Income Fund A as his stock pick of the day.

Chetty said Dipula is a diversified company with a property portfolio.

“We like the retail assets within the company and they seem to have a good management team that will try to extract good value. Their A unit is probably lower on the risk spectrum where you will get distribution growth of around 5%.”