Home - Efficient Private Clients
14468
home,page-template,page-template-full_width,page-template-full_width-php,page,page-id-14468,ajax_fade,page_not_loaded,,qode-title-hidden,side_area_uncovered_from_content,qode-theme-ver-10.1.2,wpb-js-composer js-comp-ver-5.1,vc_responsive

CONSISTENTLY EXCELLENT

 

ABOUT EFFICIENT PRIVATE
CLIENTS (EFPC)

 

EFPC is a licensed financial services provider (FSP 47481) and a subsidiary of Efficient Group Ltd. As a boutique investment firm that
specialises in the construction and management of private share portfolios, we provide access to domestic and global stock markets.
Our objective is to achieve benchmark-beating returns through innovative investment solutions, strategic partnerships and personal
relationships with our clients.

BEST VIEW MODEL PORTFOLIO

BEST VIEW MODEL PORTFOLIO

The EFPC Best View portfolio is an enhanced equity portfolio that combines the EFPC local and global equity portfolios with additional asset classes such as private equity, real estate, and commodities, amongst others.

Read More >>

GLOBAL MODEL PORTFOLIO

GLOBAL MODEL PORTFOLIO

The EFPC Global House View (GHV) is a well-diversified global equity portfolio. The main purpose of the EFPC GHV is to find favourable long-term investment opportunities.

Read More >>>

GLOBAL EQUITY NOTE

GLOBAL EQUITY NOTE

Global Equity Note is an exchange traded note (ETN), listed on the JSE and therefore easily accessible for any investor. This ETN tracks the EFPC Global House View portfolio, a welldiversified global equity portfolio.

Read More >>>

LOCAL+ MODEL PORTFOLIO

LOCAL+ MODEL PORTFOLIO

The EFPC Local+ aims to preserve and grow wealth. This well-diversified portfolio consists of 18 to 26 quality shares listed on the JSE.

Read More >>>

Why invest in share portfolios?

Why invest in share portfolios?

Hedge against local uncertainty

Uncertainty weighs heavily on South Africa’s economy, currency, consumer and investor sentiment. Consequently, South Africa has a fundamentally weaker economy and currency.

Failure to implement the required structural reforms will continue to keep a lid on South Africa’s economic prospects. By investing offshore, domestic savings are hedged against local uncertainty and investments could benefit from a depreciating rand.

 


 

Greater investment opportunities

Global stock market capitalisation is concentrated in the United States, United Kingdom and Asia. The small size of the JSE relative to global stock markets means that South African investors have limited access to global investment opportunities if they only invest on the JSE. In our opinion, investors should consider all available investment opportunities, domestically and offshore, to maximise investment returns.

 


 

Greater portfolio diversification

An optimal diversification strategy reduces the inherent risk of investing in any one asset. Having access to a larger universe of investable assets (both domestically and offshore) could enable investors to spread their risk.

Little over a week ago, the South African Reserve Bank (SARB) decided to increase interest rates by 0.25%, as we expected they would. With a slight 3-2 majority, the Monetary Policy Committee voted in favour of an increase rather than to keep the rates unchanged....

And then, it finally happened... Inflation in the developed world erupted. Germany’s inflation came in at 4.5% in October, whereas inflation in the United States (US) rocketed to a 30-year-high of 6.2%. In the United Kingdom (UK), the Bank of England warned consumers that inflation could breach 5% in 2022. In many ways, inflation levels in the developed world are starting to look like something out of a third-world horror movie....

A few years back we set out to estimate the economic cost of load shedding in South Africa (SA). Because our focus was purely on the economic side, we excluded the social costs associated with load shedding, which would, of course, have inflated our findings....

Democrats in the United States (US) will do what Democrats do, that is, spend more (mostly on the “not rich”) and tax more (mostly on the “rich”). In the past, we discussed the proposed $1.75 trillion infrastructure plans that President Joe Biden has, as a clever way of increasing the long-term returns (gross domestic product (GDP) growth) of the US economy....

Recently published research showed that pandemic stimulus failed in emerging markets. Among the top emerging and developed economies, there is no correlation between the stimulus programmes of 2020 and the strength of the ensuing recovery....