In today's talk money show, we continued the discussion for the month of August about property investments and issues. Today we briefly touched on investing in listed property offshore funds.
This is of particular interest to investors who have cash offshore as these investments are not earning much interest.
The two offshore property funds I like are the Marriott and Stanlib International Property Funds, both offered through local offices in South Africa and both regulated by the FSB. listed unit trusts nationaly and internationally. Both funds are liquid and units can be sold within 48 hours.
The collapse of global listed property came to an end in March 2009 after a collapse of over 70% in US $. This is the biggest collapse in history in listed property shares in developed markets. Since then this sector has recovered somewhat at almost 40% in US Dollars and offers real value to long term investors wanting a better return than sitting on cash in Sterling, Euro's or US Dollars.
The Stanlib International Property fund has returned over 40% this past quarter and is still 60% behind the highs of March 2007. The fund still offers major value to investors. You can invest in US $ making use of your off shore allowance or you can invest in local currency ZAR using a Rand Denomination Fund.
If you are interested in obtaining further information email or call me...
