‚ÄčThe investment objective of the Satrix 40 ETF

Posted by Fin24 on Apr 25 2014

‚ÄčA 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