Custodian|DFM

Discretionary Fund Manager or DFM (di - ef - em)
We specialise in Managed Personal Share or ETF Portfolios (PSP), creating Low Cost, Globally available products

[Custodian|DFM @CustodianDFM]

Do you use Share Portfolios #PSPs or ETFs in your Client Solutions?

Contact Custodian DFM to find out more about the benefits.

[email protected]

[JC Louw @jc_louw]

AI taking over SAAS / Software players...is it an over reaction, should we be piling into Defensives and dumping Software names?

What if they both traded on a Fwd PE of ~23x...which one would you prefer?

[Brenthurst Wealth @BrenthurstSA]

Missed our webinar this week? View it now for the insights of @ginsglobal, @jc_louw and Camissa Asset Management. 2026 Investment Outlook https://t.co/cVEkqMdKiF via @YouTube #investing

[Sue Stefanie Heystek @SueHeystek]

Will 2025’s strong returns continue in 2026? Join the Brenthurst Wealth webinar on 21 Jan at 16:00 for our 2026 #InvestmentOutlook with Magnus Heystek (Investment Strategist) and three fund managers:
• Anthony Ginsberg (HAN-Gins Global Megatech)
• Colin Adams (Camissa Alpha Equity)
• JC Louw (Custodian Global Equity & Balanced)
Don’t miss it. https://t.co/1ORWMau3Jt @BrenthurstSA @jc_louw @ginsglobal

[Citywire South Africa @CitywireSA]

SA’s largest actively managed #balancedfunds reduced returns through stock selection, according to JC Louw of @CustodianDFM.

Jaco Visser shares details from Louw, here.

#investmentinsights #financenews #investments

https://t.co/3N0w28vpBL

[JC Louw @jc_louw]

Major Equity Indices versus its own 50 Day Moving Averages (& Constituent Analysis)

50 Day Moving Average (DMA) Explanation:
If the index is above the 50DMA, it suggests an upward trend; momentum is strong, and investors may feel optimistic.

If the index is below the 50DMA, it signals a potential downtrend; investors may be more cautious.

If the index crosses above or below the 50DMA, it can indicate a shift in trend, signaling potential buying or selling opportunities.

How to read the "Percentage of Members with Price > 50 Day Moving Avg"

A high percentage of stocks above their 50DMA signals broad market strength and a healthy rally, while a low percentage indicates market weakness and potential trouble.

Data: BLOOMBERG & @DFMGlobal
Explanations: ChatGPT

[Custodian|DFM @CustodianDFM]

SARB MPC Meeting - Interest Rate Announcement

- REPO Rate CUT by 0.25% from 8.00% to 7.75%
- PRIME Overdraft Rate to change by 0.25% from 11.50% to 11.25%

This is IN LINE with expectations.

(Summary of the MPC meeting to follow below)

[JC Louw @jc_louw]

Using @ETFSA data, new Global #ETF adds of 279, FOR THE MONTH alone, is around 3-times the TOTAL number of #ETFs we have in SA!

Investing in ETFs is constantly improving with more options and lower costs every month, thanks to increased choice and competition!

#JSE #Investing

[Custodian|DFM @CustodianDFM]

Globally Listed ETF Update: 30 September 2024

A very big number of ETFs added in Sep24!

- Another 279 new Global #ETFs were added in Sep24 alone
- There were 3,913 new ETFs listed since Dec21
- That's an average of 119 new #ETF listings PER MONTH since Dec21

Data by: BLOOMBERG

[Custodian|DFM @CustodianDFM]

MSCI Emerging Markets - Year To Date US$'m Flows
(Using iShares ETFs as Proxy)

Data: BLOOMBERG
#ETF #ETFs #Investing #iShares

[Custodian|DFM @CustodianDFM]

Globally Listed ETF Update: 30 August 2024

- Another 144 new Global #ETFs were added in Aug24
- Average of 114 new #ETF listings PER MONTH since Dec21
- There were 3,634 new ETFs listed since Dec21

Investment Product Alternatives continue to grow rapidly.

Data by: BLOOMBERG

[Custodian|DFM @CustodianDFM]

Globally Listed ETF Update: 30 July 2024

- Another 188 new Global #ETFs were added in Jul2024
- Average of 113 new #ETF listings per month since Dec2021
- There were 3,490 new ETFs listed since Dec2021

Investment Product Alternatives continue to grow rapidly.

Data by:BLOOMBERG

[JC Louw @jc_louw]

Updated SA Bond NET Foreign Purchases/(Sales) for 2024, as recorded by the JSE and reported by Bloomberg.

Strong change in trend since the Elections.
(BLOOMBERG & @DFMGlobal )

[Custodian|DFM @CustodianDFM]

SARB MPC Meeting - Interest Rate Announcement

- REPO Rate was kept UNCHANGED at 8.25%
- PRIME Overdraft Rate to remain UNCHANGED at 11.75%

This is IN LINE with expectations.

(REPO and Meeting Summary Enclosed)

[Custodian|DFM @CustodianDFM]

Now thats a better trend in Net Foreign Purchase/(Sales) in SA Bonds, as measured by the JSE, by Bloomberg.

[Custodian|DFM @CustodianDFM]

Since the SA Elections, the total Cumulative Foreign Transactions, using Net Purchase/(Sales) by Foreigners (BLUE Line), is still lower (meaning more sales) by around R1bn.

[Custodian|DFM @CustodianDFM]

US FACTOR Return Monthly Analysis - 30Jun24
(using Vanguard #ETFs as Proxy)

Growth 2nd consecutive month in the lead. Unfortunately the same "consistency" (lagging) by the Value Style #ETF.

#Investing #PersonalSharePortfolio #PSP

[Citywire South Africa @CitywireSA]

#Boutique CEO: Consistently delivering average ‘transforms into #excellence’. ‘Leave your ego by the door. No one’s bigger than the market. If you think you’ll outperform the market, you’ll fail. Keep it #simple. Know your strengths.’ @jc_louw #fixedincome https://t.co/dKmI3LnrL7

[Custodian|DFM @CustodianDFM]

#MSCI Emerging Market Region #ETFs
Year To Date [YTD] US$'m Flows as at 30June24
(Bloomberg)

[JC Louw @jc_louw]

Looking at the few SA Equity RELATIVES:

1) Summary (showing overbought in mostly SA Inc names and oversold in mostly Dual/ZAR Hedge names)
2) Indi25 (J211) vs Top40 (J200)
3) Fini15 (J212) vs Top40 (J200)
4) Indi25 vs Fini15

Data: @DFMGlobal & Bloomberg