RETURNS FROM DIFFERENT ASSET CLASSES 1987-2012

R1000 invested over 26 years

Equity
Bonds
Cash

Best Asset Class Per Year

R49,226.00
R42,348.00
R21,506.00

R660,493.00

16.08% pa
15.39% pa
12.32% pa

28.36% pa

(Source: Auret, C & Vivian, R. 2014. “A Comparative analysis of returns of various financial asset classes in South Africa: a triumph of bonds?”)

This Validates the Investment Strategy of the Olympiad Funds

Average annual investment returns per asset class 1960-2009

Average
%

Highest
%

Lowest
%

Equity
Bonds
Fixed Deposit
Inflation

19.4
10.5
9.8
8.6

91.3
39.8
18.0
18.4

-25.8
-17.7
4.0
0.3

If you could choose the best each year

27.3

Domestic managed*

17.1

*Split (75:20:5)

Source:  Absa Investments

In a landmark paper, published in 1986, Determinants of Portfolio Performance, Brinson, Hood and Beebower concluded that asset allocation is the primary determinant of a portfolio's performance and accounts for some 90% of the return experienced. Ibboston and Kaplan later confirmed this in 2000 with a finding of 75%.

Source: Financial Analyst Journal, 1986 and 2000

Contact us

99 Jan Smuts Ave, Winston Park,
Gillitts, KZN, 3610
MONDAY-FRIDAY