SA’s ETF market flourishes as retail investors seek greater diversity
Exchange traded funds, like unit trusts, are pooled investments but more liquid since they can be bought and sold in the same way as equities
01 February 2024 – 18:00
SA’s exchange traded funds (ETF) industry is experiencing a purple patch with its market value surging 29% in 2023, ending the year at about R160bn, an increase of R36bn from a year earlier.
According to economist Mike Brown, this is a record for the index tracking exchange traded products (ETPs) on the JSE and the biggest realised since the first ETF was listed in SA in 2000…
Source: businesslive.co.za
