n Personal Finance Newsletter - JSE exchange-traded funds unpacked : markets




Extracted from text ... MARKETS Moneyweb's PERSONAL FINANCE May 2006 9 JSE exchange-traded funds unpacked Moneyweb's Personal Finance takes a look at Satrix's new products - and summarises the existing suite. By JULIUS COBBETT THOUGH still a relatively new investment product to South Africans, exchange-traded funds (ETFs) are gaining momentum. Encouraged by its success, the JSE has launched two new funds under the Satrix brand, bringing its suite of local products to five. Local ETFs The Satrix Resi provides investors with exposure to JSE's Resource 20 index. The larger companies dominate the Resi, with five companies making up 78% of the fund. Anglo ..


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