What Is The Best Unit Trust In South Africa

What is Unit Trust?

A unit trust is a form of collective investment constituted under a trust deed. A unit trust pools investors’ money into a single fund, which is managed by a fund manager.

What Is The Best Unit Trust In South Africa?

There are currently some 1,261 registered unit trusts on offer in SA, with a whopping R1,9 trillion invested in them, according to the Association for Savings and Investment South Africa (Asisa), which released industry statistics this week.

We compiled a list of the 10 biggest unit trusts, which together represent almost a third of the total unit investment trusts investments. 

Below the unit trusts are ranked according to assets under management (AUM) as of 31 March 2018 — versus their AUM in the same period three years ago.

Allan Gray’s leading unit trust, the Balanced Fund, saw a 33.2% increase in AUM over the past three years.

But its Equity Fund, together with Foord’s Balanced Fund and Coronation’s Balanced Defensive Fund, all saw a fall in assets under management over the same period.