PMX SA Monthly May 2020 - LOCAL UPDATE


Hi All,

Domestic portfolios have just been rebalanced to incorporate our latest strategic asset allocation weights. Portfolio changes included increasing global equity and SA bond exposure, whilst decreasing exposure to all other domestic asset classes. May saw the first easing of lockdown levels as the country formally moved to stage 4. This stage permitted economic activity from sectors deemed to have low transmission risk and/or being economically viable, curfewed exercise and relaxed retail restrictions. Read about this and additional market influencers in our SA update...

Click here to read on (PDF)