South African Market Performance – 31 July 2015

Market Indicators

  • JSE All Share (ALSI) 52,053.27
  • Rand/Euro R 13.93
  • Rand/Pound R 19.74
  • Rand/US Dollar R 12.62
  • Rand/Aus Dollar R 9.25

Equity

  • The FTSE/JSE All Share (ALSI) gained 0.5% on a total return basis for the month and over the 12 months gained 4.4%. Large Caps (up 0.9%) outperformed Small Caps (down 0.6%) and Mid Caps (down 1.8%).
  • The best-performing sectors were Tobacco (up 14.1%) and Forestry and Paper (up 11.8%). The worst-performing sectors were Gold Mining (down 21.9%), Platinum Mining (down 19.4%) and Industrial Metals (down 18.4%).
  • Over a 10-year period, Industrials (up 21.7% p.a.) outperformed Financials (up 16.4% p.a.) and Resources (up 6.5% p.a.). The composition of the ALSI as at the end of the month was Industrials 63.2%, Resources 13.6% and Financials the remaining 23.2%.

Bonds

  • The All Bond Index gained 1.0% for the month and over the 12 months gained 8.2%. The Inflation-linked Bond Index gained 2.0% and over the 12 months gained 7.4%.

Property

  • The SA Listed Property Index gained 5.1% for the month and over 12 months gained 31.0%.

Cash

  • Cash returned 0.5% for the month and over the 12 months returned 6.3%. Over a 10-year period, inflation in the form of ECPI has been 6.1% p.a.

International Market Performance

  • The Rand weakened 3.8% against the US Dollar and 2.8% against the Euro in July 2015.
  • The MSCI World Index gained 1.8% on a total return basis in US Dollar terms for the month and over 12 months gained 5.5%. The MSCI Emerging Markets Index declined 6.9% for the month and over the 12 months declined 13.1%.
  • The best-performing emerging market index from the selection of international equity indices for the month was the MSCI India (up 1.8%), while the worst-performing was the Bovespa (down 12.7%).
  • The best-performing developed market index from the selection of international equity indices for the month was the Cac 40 (up 5.3%), while the worst-performing was the Hang Seng (down 6.1%).
  • The US Dollar Platinum price declined 9.2% for the month and over the 12 months declined 33.5%. The US Dollar Gold price declined 6.4% for the month and over the 12 months declined 14.9%. Brent Crude declined 8.4% for the month and over the 12 months declined 47.6%.
Tagged with: , , ,
Posted in Investment Review

Subscribe to Our Newsletter



The investment objective of the STANLIB Global Property Feeder Fund is to maximise long term total return, both capital and income growth.