As we dive into a new era in U.S. politics with Trump’s recent victory, many investors are considering how this could influence global stocks and financial markets. Political changes often spark market volatility, affecting everything from stocks to currency exchange rates.

This is good news for ThuthukaSA customers who are offshore investors as the Dollar has strengthened, boosting the returns on offshore investments. Some funds have surged to record highs and Tesla rose almost 15%!

Below are extracts of key information from investment reports for just two of our customers. The investment reports were extracted this morning, 7 November 2024. They illustrate the value of offshore investments.

Customer 1:

When her husband went on pension, he gave her R200 000. She contacted ThuthukaSA as she wanted to invest the money and only withdraw it when she needed cash. The potential growth of the investment was emphasised, provided she opted to buy offshore funds.

Breakdown is as follows:

• Direct Investment
• Date investment account was opened – 24 September 2020.
• She deposited R200 000.
• Funds grew by R116 040,60 in just 4 years
• The funds she is invested in have 94% offshore exposure
• After fees and taxes, the customer has R294 057

Customer 2:

When he resigned from his job and went into business, he called ThuthukaSA and asked us to invest his pension for him.

Breakdown is as follows:

• Pension preserved in July 2022  = R1 964 958,07 and 40% offshore exposure
• In 2023, he called to say life was really tough as his business was struggling a bit and he needed to withdraw part of the pension. So he withdrewR543 435,22.
• This left just R1 421 523 of the initial capital invested. Lucky for him, the markets are doing exceptionally well so the investment has grown by R525 998,16. He has gotten back almost every cent he withdrew!
• The market value of his pension is now (as at 7 Nov 2024) R1 853 525,57

Contact us today for a consultation to explore our tailored investment options, and make confident choices as we approach 2025.

Disclaimer: Note that this is information sharing and does not constitute advice. When reaching out to ThuthukaSA, you will be required to sign a Letter of Authority, formally appointing us as your financial advisor. This is in compliance with the Financial Advisory and Intermediary Services Act. You will also receive a risk profile analysis form, which will help us understand your investment goals, risk tolerance, and more. With this information, we’ll get started on implementing the right investment strategy for you.