The rewards for passively investing have been hard to beat, says Mike Brown.
The overall JSE performance in 2006 was extremely good, for the fourth year in a row, extending the market's winning streak, which started back in the Easter of 2003. For many investors merely seeking to match the performance of the market - known as beta in the investment industry - it is not necessary to look any further than an index tracking fund. Any investor who bought Satrix 40 in early July 2003, at around R7 per share, would have enjoyed close to 40% per annum return since then, allowing for the reinvestment of the quarterly dividends paid by the Satrix securities. The rewards for passively investing in the index have been hard to beat, setting strong challenges for the active investment school, which seeks, but does not always succeed, in beating the index
Read more at MoneyWeb.co.za
Showing posts with label Exchange Traded Fund. Show all posts
Showing posts with label Exchange Traded Fund. Show all posts
Tuesday, February 20, 2007
Offshore investment choice coming
Expect new exchange-traded funds for the US, Japanese and world markets in the first quarter of ’07.
The long-awaited new Itrix products only need Financial Services Board (FSB) approval before they will be launched. The launch is expected to be in the first quarter of this year, and will introduce three funds, respectively focused on the US, Japanese, and world markets, says Itrix spokesperson Niels Penzhorn.
Itrix is an exchange-traded fund company that offers investor exposure to offshore markets. The two existing Itrix products provide exposure to the Euro Stoxx 50 and FTSE 100 stock market indices. These were listed October 2005 and have been a hit with private investors looking for a cheap way to invest offshore.
Read more at MoneyWeb.co.za
The long-awaited new Itrix products only need Financial Services Board (FSB) approval before they will be launched. The launch is expected to be in the first quarter of this year, and will introduce three funds, respectively focused on the US, Japanese, and world markets, says Itrix spokesperson Niels Penzhorn.
Itrix is an exchange-traded fund company that offers investor exposure to offshore markets. The two existing Itrix products provide exposure to the Euro Stoxx 50 and FTSE 100 stock market indices. These were listed October 2005 and have been a hit with private investors looking for a cheap way to invest offshore.
Read more at MoneyWeb.co.za
Making monthly investment payments easier, cheaper
You can purchase Itrix on a monthly basis as part of your investment plan, saving the brokerage fees you would pay on the open market.
Itrix has joined Satrix as an exchange traded fund (ETF) that can be purchased on a monthly basis saving the brokerage fees you would pay on the open market.Itrix is similar to Satrix 40, a basket of the top 40 shares listed on the JSE. Itrix comprises Euro Stoxx, which is an index of the top 50 European company shares, and the FTSE, which tracks the top 100 British shares.
Read more at MoneyWeb.co.za
Itrix has joined Satrix as an exchange traded fund (ETF) that can be purchased on a monthly basis saving the brokerage fees you would pay on the open market.Itrix is similar to Satrix 40, a basket of the top 40 shares listed on the JSE. Itrix comprises Euro Stoxx, which is an index of the top 50 European company shares, and the FTSE, which tracks the top 100 British shares.
Read more at MoneyWeb.co.za
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