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| Where I Am? | Viewer ==> ETFs A Beginners Guide | |||||||||||||
Satrix Managers |
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| Satrix Managers | Q3 of 2024 | 2 years ago |
An ETF (Exchange Traded Fund) is a basket of securities that tracks the performance of an underlying index (such as the FTSE/JSE Top 40 Index, for example) or an asset, like gold. You invest in a share of that basket by buying into the ETF via a stock exchange. The big benefits of an ETF? You get instant diversification in your portfolio, plus, you generally pay lower fees. Read more about ETFs for New Investors
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Total assets under management (AUM) has breached the R3 trillion mark in 2022.Met Collective Investments in it s heydays administered almost a quarter of all SA registered third party funds before it s consolidation with Momentum Investments after merger of Metropolitan and Momentum in 2017.Stanlib was formed after merger of Standard Bank and Liberty Life asset management businesses. |
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| Disclaimer |
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| Please note that unit trusts investmets are generally classified as long-term investment products not suitable for trading and speculation. |