Review of South African ASISA Investment Mandates : The relationship between risk & return when investing is well understood & supported by empirical evidence. Over the short term or at specific data points, this relationship seems to decouple or be inaccurate, however, over the long term, investors that can afford to take more risk (i.e., exposure to growth assets such as equities) should generate higher returns than investors that take less risk over the same period.

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Monthly Market & Fund Update

Summary  – February ’23