STEPHEN CRANSTON: How actuaries became cool again
Like Uber drivers, the actuaries are effectively selfemployed, using the Virtual Actuary site for referrals
It takes courage and selfbelief to list on the JSE in budget week. But the CoreShares Global Dividend Aristocrats is no "me-too" fund. This exchange-traded fund (ETF) gives investors and their advisers the chance to take a different approach from the standard MSCI world index. Or if they haven’t yet bought an international ETF, it is a good start. The fund is highly diversified among blue chips. And it has a reputable parentage, as it tracks the S&P Global Dividend Aristocrats Blend Index series, which has gathered R300bn of assets. The new fund focuses on cash cow companies, which sounds like an insult and it is one if you think that investing is all about hot technology shares yet to turn a profit. To qualify as a Dividend Aristocrats share in the US, a company needs to have paid an increasing dividend every year for 25 years. These shares have had to produce consistent earnings to do this, and they are also disciplined in choosing growth projects. Weighting is towards less cyclic...
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