The investment objective of the Satrix 40 ETF
Posted by Fin24 on Apr 25 2014
A Fin24 user wants to know how much she could make if she invested on the Satrix 40 ETF. She writes: I would like to invest R10 000 for five years. How much can I get back after five years?
Brett Landman of Satrix.co.za responds: The investment objective of the Satrix 40 ETF, an equity investment, is to replicate or track the performance of the FTSE/JSE Top 40 Index as closely as possible.
Continue reading at: http://www.fin24.com/Money/Money-Clinic/Investments/The-investment-objective-of-the-Satrix-40-ETF-20140425