Newsletter:

Subject:	End of tax year, don't lose out on the opportunity to invest in a retirement annuity fund
Date:	10 Feb 08

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We are nearing the tax year end, and as usual there has been a flurry of interest in investing lump sum contributions into Retirement Annuity Funds.

We have written a short article about the upside and consequences of investing in Retirement Annuity Funds, but if you are unsure of how the rules and regulations of these products would be applied to your circumstances, talk to an independent financial advisor.

On the investing front, we live in interesting times. Veteran investors tell us that the combination of a weakening rand and high commodity prices, presently contributing to the high rand price of gold is very unusual.

At times like this, it pays to keep calm and read as much as you can. We will do our best to bring you a wide range of views from professional fund managers. Read Gail Daniel’s remarks about the bounce-back factor of volatile markets, and Adrian Saville’s comments on Diamonds, Dogs and Why Value Works. For this article, go to our home page and click on the article under ‘Docs and Fund Manager Reports’.

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RMB Asset Management appoint Deon Gouws as CEO
A press releasee from RMBAM has announced that the Chief Investment Officer of RMBAM Deon Gous, who joined RMB last year has been appointed CEO. He replaces Louis van der Merwe who joined Rand Merchant Bank in 1988.

More at http://www.equinox.co.za/article_1907.html

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A 70% chance you will get back your money after 12 months: Investec
Discussing the present volatile trading conditions at a presentation this week, fund manager of the Investec Managed Fund Gail Daniel said that Investec research had analysed all the periods between 1960 and the present when the Johannasburg Securities Exchange had lost 5% or more over a rolling month period.

More at http://www.equinox.co.za/article_1908.html

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Learn to love the tax man
The end of February, the 29th February this year, is always an important date for retirement annuity investors; it is the end of the tax year and the cut-off date for possible reductions in tax liability for the year.

More at http://www.equinox.co.za/article_1909.html

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Best Regards
The Equinox Team

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