STANLIB’s Head of Systematic Solutions Rademeyer Vermaak describes Q1 as “wild”. It showed the impossibility of predicting what politicians will do – in both the US and SA. He explains what drove SA equity prices and how the managers of STANLIB Enhanced Multi Style Fund, which is a long-term fund, respond to short-term upheavals and neutralise risk. Rademeyer also spells out why the fund has taken overweight positions in Harmony Gold, Clicks and Capitec.

Any commentary or forecasts indicated in this document are for information purposes only and not guaranteed to occur. Additional information about products/funds is available on the Minimum Disclosure Document/Factsheets which can be obtained from the website (www.stanlib.com).