| A unique investment tool that allows you to trade a basket of index, sector or commodity shares and enjoy the attractive returns of a traditional tracker fund, but with the liquidity of a stock exchange security. Exchange Traded Funds (ETFs) are passive index funds that are listed and trade like stocks on the JSE Limited. ETFs are an effective means of trading a basket of shares — bundled by index, sector or commodity — through a single transaction. They also offer real-time trading, anytime pricing and significantly lower costs than unit trusts. More accessible than typical index funds and with a lower risk profile, ETFs allow you to participate in the economic growth of an industry, sector or commodity, providing the attractive returns of a traditional tracker fund, but with the liquidity of a stock exchange security. |