How investors lost R100m over Covid-19 panic and how not to repeat that

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Investors lost R100 million after the March 2020 stock market crash as they moved their money in panic. Now, SA equity has delivered 54% returns in the 12 months to March 2021.
Investors lost R100 million after the March 2020 stock market crash as they moved their money in panic. Now, SA equity has delivered 54% returns in the 12 months to March 2021.
CasarsaGuru/Getty Images

South African investors lost R100 million between April and December 2020 as they rushed to switch funds on R15 billion worth of investments after the March 2020 equity market crash, a new Momentum Investments' research report shows.

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