The Satrix Top 40 this year again claimed the award as SA's favourite index-tracking exchange-traded fund (ETF) at the second annual South African Listed Tracker Awards (Salta) held at the JSE this week. The fund is known for being easy to understand, easy to access and a good performer, making it the top choice of about 700 investors who voted on Salta's website over the past month and a half. The poll was conducted by Refinitiv, one of the sponsors of the awards with ETF investment platform etfSA and data provider ProfileData. The Satrix 40 fund invests in the top 40 biggest shares on the JSE, weighting them on their market capitalisation, or the value of the number of shares issued multiplied by the share price. Getting access to the fund is easy on platforms such as Satrix Now, Easy Equities and etfSA, says etfSA MD Mike Brown.
The Satrix 40 ETF has delivered just less than 14% (13.9%) a year since it launched in December 2000 and Brown says many investors voted it their f...
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