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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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Asset manager Coronation saw a need for a shariah-complient leaning asset managemnt and in 2002, founded a standalone manager Kagiso AM (now Camissa AM).In 2020, PSG Wealth acquired GFA Holdings, that transaction translated into GFA Wealth folded into PSG Wealth.Ninety One Fund Managers derived their name from the year it was founded, 1991, initially called Investec Asset Management. |
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| Our unit trusts prices captured in and around the end of each month and are rounded off to the nearest full 1 cent. |