In February 2026, the average prudential balanced portfolio returned 2.5% (January 2026: 1.6%). The top performer is the Allan Gray Namibia Balanced Fund, with 3.8%. The NAM Coronation Balanced Plus Fund, with 0.2%, takes the bottom spot. Momentum Namibia Growth Fund takes the top spot for the three months, outperforming the ‘average’ by roughly 2.7%. The NAM Coronation Balanced Plus Fund underperformed the ‘average’ by 3.4% on the other end of the scale. Note that these returns are before (gross of) asset management fees.

The Monthly Review of Portfolio Performance to 28 February 2026 reviews portfolio performances and provides insightful portfolio analyses.

How local investors should navigate the investment landscape

Before making any investment decisions, it is crucial to gain a thorough understanding of the current global economic and political environment. The ongoing conflicts in the Middle East and Ukraine, coupled with the rising tensions in the Indo-Pacific region, have introduced significant uncertainties into the global market. These geopolitical tensions have the potential to disrupt supply chains, impact energy prices, and exacerbate inflation concerns.

Tthe Monthly Review of Portfolio Performance to 28 February 2026 for an interesting perspective on global equity sectors.