Economic Overview - K2 Capital · Local Fixed Income –Period ending March 2018 Source: Moneymate,...
9
Economic Overview March 2018
Transcript of Economic Overview - K2 Capital · Local Fixed Income –Period ending March 2018 Source: Moneymate,...
Economic Overview
March 2018
Local Equity – Period ending March 2018
Source: Moneymate
Calender Years Periods ending March 2018
2013 2014 2015 2016 2017 Month Quarter YTD Year5 Years
(p.a.)
All Share 21.4% 10.9% 5.1% 2.6% 21.0% -4.2% -6.0% -6.0% 9.6% 10.0%
Resource 20 2.8% -15.0% -36.4% 28.9% 16.8% -1.3% -2.7% -2.7% 11.5% -2.9%
Financial 15 19.8% 27.8% 1.1% 3.6% 24.4% -3.7% -1.1% -1.1% 25.5% 13.3%
Industrial 25 38.1% 17.2% 17.9% -8.5% 25.4% -5.6% -8.7% -8.7% 6.8% 13.4%
90
100
110
120
130
140
150
160
170
180FTSE/JSE All Share - Cumulative Return for 5 Years
Foreign Equity – Period ending March 2018
Source: Moneymate
Calender Years Periods ending March 2018
2013 2014 2015 2016 2017 Month Quarter YTD Year5 Years
(p.a.)
MSCI World Index 26.7% 4.9% -0.9% 7.5% 22.4% -2.2% -1.3% -1.3% 13.6% 9.7% USD
Germany DAX 25.5% 2.7% 9.6% 6.9% 12.5% -2.7% -6.4% -6.4% -1.8% 9.2% EUR
Japan Nikkei 225 56.7% 7.1% 9.1% 0.4% 19.1% -2.8% -5.8% -5.8% 13.5% 11.6% JPY
S&P 500 Total Return 32.4% 13.7% 1.4% 12.0% 21.8% -2.5% -0.8% -0.8% 14.0% 13.3% USD
Dow Jones Ind Avg 26.5% 7.5% -2.2% 13.4% 25.1% -3.7% -2.5% -2.5% 16.6% 10.6% USD
FTSE 100 18.7% 0.7% -1.3% 19.1% 11.9% -2.2% -7.4% -7.4% 0.0% 5.8% GBP
MSCI Emerging Mkts -2.6% -2.2% -14.9% 11.2% 37.3% -1.9% 1.4% 1.4% 24.9% 5.0% USD
80
90
100
110
120
130
140
150
160
170
180MSCI World Index - Cumulative Return for 5 Years
Local Fixed Income – Period ending March 2018
Source: Moneymate, CPI is for year to 28/02/2018
Current
Rate
Prime 10.00%
CPI 4.0%
Calender Years Periods ending March 2018
2013 2014 2015 2016 2017 Month Quarter YTD Year5 Years
(p.a.)
ALBI 0.6% 10.1% -3.9% 15.4% 10.2% 2.0% 8.0% 8.0% 16.2% 7.7%
STEFI 5.2% 5.9% 6.5% 7.4% 7.5% 0.6% 1.8% 1.8% 7.5% 6.6%
90
100
110
120
130
140
150ALBI - Cumulative Return for 5 years
Foreign Fixed Income – Period ending March 2018
Source: Moneymate
Calender Years Periods ending March 2018
2013 2014 2015 2016 2017 Month Quarter YTD Year5 Years
(p.a.)
JP Morgan GBI -4.5% 0.7% -2.6% 1.6% 6.8% 1.5% 2.2% 2.2% 7.6% 1.3%
UK 3month LIBOR 0.5% 0.6% 0.6% 0.4% 0.5% 0.6% 0.5% 0.5% 0.3% 0.5%
US 10 year govt bond 3.0% 2.2% 2.3% 2.4% 2.4% 2.9% 2.4% 2.4% 2.4% 1.8%
92
94
96
98
100
102
104
106
108
110
JPM GBI - Cumulative Return for 5 years
Local Equity (ALSI) PE Ratio
10 Years ending March 2018
Source: Sharemagic
8.0
10.0
12.0
14.0
16.0
18.0
20.0
22.0
24.0
26.0
ALSI PE Ratio
ALSI PE Average
ALSI PE
Local Equity (ALSI) Dividend Yield
10 Years ending March 2018
Source: Sharemagic
1.5
2.0
2.5
3.0
3.5
4.0
4.5
5.0
5.5ALSI Dividend Yield
ALSI DY Average
ALSI DY
SA Rand against the US Dollar
10 Years ending March 2018
Source: Moneymate
Mar-1811.85
5.0
7.0
9.0
11.0
13.0
15.0
17.0
USDZAR
SA Rand against the Pound Sterling
10 Years ending March 2018
Source: Moneymate
Mar-1816.62
10.0
11.0
12.0
13.0
14.0
15.0
16.0
17.0
18.0
19.0
20.0
21.0
22.0
23.0
24.0 GBPZAR
