SA’s ETF market flourishes as retail investors seek greater diversity

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…