The SA Listed Property Index (J253) recorded a total return of + 0.10% in May 2011. Bonds (ALBI) recorded the highest total return (+ 1.49%) of the four traditional asset classes for May. Cash (0.49%) and SA Listed Property (0.10%) were next best performing asset classes for the month. Equities recorded a total negative return of -0.77% in May.
Rebosis Property Fund debuted on the JSE on the 17th May 2011. The listing price was R10.00 and the stock ended the month at R9.75, to record a negative total return for the month of - 2.5%.