Rational Perspective

JOHANNESBURG — If you invest in actively managed funds, this interview with Zack Bezuidenhout of S&P Dow Jones Indices is sure to make you sit up and take notice. According to the latest SPIVA South Africa Scorecard Mid-Year 2018 report, over a one-year period, 51% of actively managed South African equity funds and 82% global equity funds failed to beat the S&P South Africa DSW Capped Index and S&P Global 1200 Index respectively. Meanwhile, during a three- and five- year period, the percentage of actively managed South African equity funds underperforming the S&P South Africa DSW Capped Index increased to 60% and 76% respectively. But there's more as Bezuidenhout explains...take a listen. Gareth van Zyl See omnystudio.com/listener for privacy information.