Q2 was a rough quarter for the markets. As inflation keeps on spiralling, more aggressive monetary policy is on the cards and markets are not taking the size of resultant interest rate hikes and the possibility of a global recession well. What else happened during the second quarter of 2022?
April was a tough month across the globe. Locally, KZN experienced one of the worst floods in its history. Other than the devastation on a human level, the port and major trade routes had to close down, and government declared a national state of disaster.
Sanlam Investments has added the SIM* Flexible Income Fund to its core fund range. This is a retail unit trust targeted at investors with a one- to two-year time horizon. The fund opened investors from 1 April 2022.