Spending on asset managers

South African financial markets are way behind the curve when it gets to fees and how we pay investment professionals. In one subset of the industry we often believe fund managers when they proclaim that in order to produce outstanding long term performance it makes sense to pay a higher cost for research and investigation. […]

Divided Income Funds

It seems investors and advisers alike have forgotten the benefit of tax exempt returns on the lower side of the yield curve. Cash-type instruments are once again moving to the forefront and justifiably so, with market conditions that question the continual sustainability of weekly record highs within the All Share Index. Slow to almost recessionary […]

Market Matters

The world’s first stock market index was created in 1896, exactly 120 years ago. The Dow Jones Industrial Average was created to give the investing public some indication of what the US stock market returned over a specific time period. Today when you listen to the news in South Africa, you will notice that reporters […]

Exploring Gryphon’s Multi-Asset Funds

CNBC Africa’s Lindsay Williams speaks to Reuben Beelders, Portfolio Manager at Gryphon Asset Management about the Gryphon Multi-Asset Funds. They explore Gryphon’s Flexible Fund of Funds as well as Gryphon’s Prudential Fund of Funds, the primary objective of the funds is to generate real wealth for investors, at the lowest possible cost, with due cognisance […]

Why Invest in the Tracker Fund?

In our opinion any investor that pays more than 0.5% for exposure to the South African stock market is paying too much! Currently, the All Share Tracker fund have a total expense ratio of 0.32% and charges a management fee of only 0.2%. This compares to South African funds that have up to 3% in […]

ETF’s? Time to think unit trusts

The JSE all share index (Alsi) presents another tracking opportunity. Leading the field is the Gryphon All Share Tracker unit trust, which comes at a low 0.35% management fee. “We intend reducing the fee to 0.2%” says Gryphon Asset Management CEO Abri du Plessis. Thanks to its low fee and astute management, Gryphon’s fund has […]

Passive investment a valid option

Passive investment is gaining momentum. Active investors are starting to realise that overpaying for actively manged funds can have disastrous performances as a result. The following was taken from an article that appeared in the Business Day on the 9th of September of 2013. “Dear Sir, It is clear the success of passive investors are frustrating […]