July investor trends a reminder that market timing is not a wealth-creating strategy. By Murray Anderson, Prescient Head of Retail August 2024
September 30, 2024
The latest investment flow data from South Africa's Collective Investment Schemes (CIS) paints a familiar picture - investors trying and failing to time the market. In July 2024, we saw a significant shift in money out of equity funds and into fixed-income funds, with net outflows of R10.9 billion across all fund categories.