Prudential Namibian Balanced comment - Sep 11 - Fund Manager Comment22 Nov 2011
The NSX Overall Index decreased 4.48% in September, whilst the NSX Local Index increased 7.62%. Over a 12-month period the NSX Overall Index returned -2.59% against 33.78% for the Local Index.
The IJG All Bond Index decreased by 1.30% in September. Over 12-months the IJG All Bond Index is up 4.33%. Namibian bond premiums relative to SA yields in September were mixed with the premium on most shorter dated bonds decreasing.
Prudential Namibian Balanced comment - Jun 11 - Fund Manager Comment31 Aug 2011
The NSX Overall Index decreased 2.14% in June, whilst the NSX Local Index increased 0.50%. Over a 12-month period the NSX Overall Index returned 21.21% against 25.27% for the Local Index.
The IJG All Bond Index increased by 0.16% month-on-month in June. Over 12-months the IJG All Bond Index is up by 8.73%.