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| Where I Am? | Viewer ==> Mind the gap: Why fees aren’t the only investment cost to consider when choosing between unit trusts and ETFs | |||||||||||||
Sygnia Collective Investments |
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| Sygnia Collective Investments | Q1 of 2024 | 3 years ago |
The introduction of exchange traded funds (ETFs) to the JSE some 22 years ago quite literally opened up a world of investment options to South African investors.
Around 95 ETFs are currently listed on the JSE, with each ETF tracking anything between 40 and 2 000 stocks. This makes it possible for South Africans to invest in a massive range of domestic and offshore companies at the click of a button, which they can do from as little as R20 for one share in an ETF – compared to the minimum R500–R1 000 investment required for unit trusts.
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Prudential Fund Managers was founded in Cape Town in 1994 by Graham Mason, who is its chairman now as of 2023.Asset manager Coronation was the first introducer of absolute unit trusts funds in our local industry in 1999.Asset manager Sygnia is a product of a management buyout in a larger transaction that was involving Cadiz buying African Harvest Fund Managers. |
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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. |