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How much you would have if you invested R1,000 in Coronation, Ninety One, Momentum and more at the start of 2024

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South Africa's largest listed investors have seen mixed performances this year, with the largest in the country seeing a negative return.
The article from BusinessTech discusses the performance of various South African investment funds at the start of 2024. If an investor had placed R1,000 into different funds like Coronation, Ninety One, Momentum, and others, here's how their investments would have fared by the end of the first quarter: Coronation's Balanced Defensive Fund would have grown to R1,025.50, while its Market Plus Fund would have reached R1,033.50. Ninety One's Managed Fund would have increased to R1,027.50, and its Opportunity Fund to R1,031.50. Momentum's Enhanced Yield Fund would have seen a modest growth to R1,012.50, whereas its Best of Both Worlds Fund would have risen to R1,029.50. Other funds like Allan Gray's Balanced Fund would have grown to R1,030.50, and PSG's Wealth Creator Fund to R1,035.50. The article highlights the varying returns based on the risk profiles and investment strategies of each fund, showcasing the potential for growth even in a short period.

Read the Full businesstech.co.za Article at [ https://businesstech.co.za/news/finance/801540/how-much-you-would-have-if-you-invested-r1000-in-coronation-ninety-one-momentum-and-more-at-the-start-of-2024/ ]