WATCH: Stock pick — rand hedges

Nick Kunze from Sanlam Private Wealth chose rand hedges as his stock picks of the day.

“Once again, we are looking at the rand hedges, the rand has been all over the place and Moody’s are apparently in SA this week, so there might be a bit of negative feedback coming from there. We are a little sceptical about the rand, so we tend to prefer rand hedges like AB Inbev or British American Tobacco.”