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Back to News A Bit of Good News - Aug 2016
Aug 2016
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A Bit of Good News

 

Dear Client

 

If you do have an investment in our Kanaan Hedge FoF the return nett of all fees for the month of August 2016 was an estimated 2.32%, in the case of Kanaan Bci Flexible FoF, 2.35% and in the case of Kanaan Bci Balanced FoF, 2.07%.  Hopefully the underlying managers are busy reading the markets correctly, but I believe there is more volatility to come.  The good growth can mainly be attributed to Rand depreciation, which we believe we will see more of.

 

Friendly greetings

 

Andre Delport

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