Index tracking/ETF RAs?

supersunbird said:
Are there any other index tracking RAs out there?

The only one I have found was 10x:
http://www.10x.co.za/why-10x/investment/investment-style/

They track what basically is the Top60 of the JSE and none of the component companies can have more than 6% weighing. So 75% would be into that in the RA, and the rest into bonds and cash (as per Regulation 28).
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As far as i understand with alan grey you can choose the underlying fund(Many options available), and the funds track an index.. So i would consider this the same?
 
Freaksta said:
As far as i understand with alan grey you can choose the underlying fund(Many options available), and the funds track an index.. So i would consider this the same?
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They do unit trusts, which are actively managed (those normally TRY to beat an index of some kind). I have not seen a pure index tracker like a Top 40 or similar.

Coronation has a Top 20 unit trust for exampale, but its not a index tracker, a fund manager chooses the 20 companies out of the top 50 that he thinks will perform best.
 
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I wish someone would start one, will have the life industry shaking at their knees
 
How do they keep it Regulation 28 compliant?
Is say up to 75% in an equity index tracker, and the rest in bonds/money market/property etf's?
 
ClintZA said:
My understanding is that portfolio is only available on their new Evolve investment range. Read up on it first. Something like, you don't pay fees if they don't achieve 15%pa but for everything in excess of this they take 60%. Specific lump sum minimums apply too.
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Thanks. Yuck!
 
Freaksta said:
Anyone invested in this 10x? Im in the process of looking at an RA.
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If anyone does get a quote please could I ask that you share it with me? I would love to have a better look at their costs.
 
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