Top 10 Rand Hedges

11 June 2018 | Joani van Wyk

The Rand is weaker by 12 % since the start of April which luckily means that the rand hedges should be in the green. The companies in the Top40 Index that should be drawing your attention are those that have the majority of their revenues generated offshore. The top 10 companies in the Top40 index are as follow:


You can expect these shares to get a good boost from the weaker rand since their offshore denominated revenues increase in value as the rand goes weaker and weaker. If you would like to take advantage of this opportunity, contact our dealing desk today at 021 700 4815 and we will have you rand-hedged in no time!

Note that there are many factors that affect the value of a company and the split of its revenue between local and offshore is merely one of them.



Joani van Wyk

Joani van Wyk joined the asset management team in January 2017, responsible for quantitative research of equities across all industries. Joani completed her degree in Mathematical Science in 2015, as well as an Honours degree in Financial Risk Management in 2016, both at the University of Stellenbosch. She is currently a CFA candidate.

The information contained in this article is for informational purposes only and must not be regarded as a prospectus for any security, financial product or transaction. It is neither to be construed as financial advice nor to be regarded as a definitive analysis of any financial issue. Investors should consider this research/article as only a single factor in making their investment decision. We recommend you consult a financial planner/advisor to take into account your particular investment objectives, financial situation and individual needs. The views and opinions (where expressed) in this article are those of the author and do not necessarily reflect the official policy or position of Sharenet.