Market Wrap - Stock pick — Fairvest Property Fund
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Nesi Chetty from Stanlib chose Fairvest Property Fund as his stock pick of the day.
"One of the smaller property companies called Fairvest. It has very niche exposure and it's bias toward non-metropolitan areas and also convenience centres. We think in an environment where the world is battling with how quickly the vaccine roll-out will be and what the moment will be for further lockdown measures, this is a company we think that through the cycle will tend to perform well."
"One of the smaller property companies called Fairvest. It has very niche exposure and it's bias toward non-metropolitan areas and also convenience centres. We think in an environment where the world is battling with how quickly the vaccine roll-out will be and what the moment will be for further lockdown measures, this is a company we think that through the cycle will tend to perform well."
