Stargazer Newsletter Q4
Great news to share about our Stargazer family this quarter!
Our standout performer, Sygnia Stargazer Blue, has been living up to its stellar name with an impressive 15.4% return. Amazing developments in AI, cloud computing and digital transformation have been really driving this growth. The communications sector has been another bright spot, and the weaker rand has actually worked in our favour to boost returns even further.
Sygnia Stargazer Green has also been shining bright with a solid 8.0% return. We’ve seen particularly good results in consumer spending, financial services and communications. While there were some ups and downs in materials due to shifting commodity prices, overall consumer confidence and demand have kept us on a strong path.
Sygnia Stargazer Yellow brought home a positive 2.5% return, finding its strength in bonds and cash positions. While our local stocks faced some headwinds, our international investments benefited nicely from rand movements, helping us stay in positive territory.
Speaking of staying positive – here’s a question: While you’re building that wonderful nest egg for your children, have you taken a moment to check in on your own financial wellness? Just as flight attendants remind us to secure our own oxygen masks before helping others, it is crucial to ensure your own financial health while building your children’s nest eggs.
And here’s some great timing – tax-free season for 2024/25 is here! We’d love to share our new video series with you, which walks you through how to make the most of your tax benefits with Sygnia’s tax-free savings accounts and retirement annuities.
Watch TFSA playlist
Watch RA playlist
Need personalised guidance? Our team is here to help with both your children’s Stargazer investments and your own:
Call us: 0860 794 642
Email: admin@sfs.sygnia.co.za
Let’s work together to create a bright financial future for your whole family.
Keep on shining!
The Sygnia Stargazer team