We have adopted the following investment objective:

  • To earn a net real Rand investment return of at least 4.5 percent per annum over a rolling three-year period. In other words, we aim to earn an annual return of at least 4.5 percent after inflation (as measured by the South African Consumer Price Index), applicable taxes, and investment fees and costs.

  • ​To apply a long-term investment time horizon.

 

 

 

​​
 

​​