Good explanations by Hendrix and Supersunbird. For monthly purchases go with the Satrix platform as suggested. Another option for big lumpsum share purchases is Computershare. Unlike Imara and the other brokers you don't have to pay a monthly account maintenance fee with them.
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Unit trusts
- Thread starter Drifter
- Start date
KleinBoontjie
Honorary Master
Good indeed, and thanks for your input. I would like it if this thread stays alive, it's great getting peoples input around this. I would like to hear from people who made mistakes or had a bad incident with Unit trust or ETF's and is willing to share those mistakes so others can also learn from that.
Or maybe someone noticed some changes in the market, good or bad and wants to give others a heads up.
I have Unit trust with Allan Gray for some time now, but was thinking the other day, that maybe I should try something else too. Then this thread pops up. Thanks to the OP.
Markets are a bit "weird" right now, we don't know where it's heading.
But since you investing long term, don't let that scare you, just get in there and stick it out.
Don't be tempted to sell when the chips are down, the market always recovers!
But since you investing long term, don't let that scare you, just get in there and stick it out.
Don't be tempted to sell when the chips are down, the market always recovers!
I want to move out of a Money Market fund into an Absolute Income fund (Cadiz or Coronation for example). My reason is to try and do better against inflation. The fees for the latter are a bit higher and there's a maximum initial fee but it looks like the return is better even after costs compared to Money Market. Don't you think I would be better off in such a fund? Please no advice about rather going into equities as I'm already invested there. This is just some cash that I save monthly on a conservative vehicle that I want easy access to should the need arise.
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KleinBoontjie
Honorary Master
I'm about to take out a new investment. I'm a little torn between the FNB Sharesaver and Satrix INDI/40. It's between one of those.
FNB is going to be easier to invest, less hassles and paper work and I can manage it from my Internet Banking. Where with Satrix, it's a lot of paperwork and FICA, I don't mind it, just don't have everything they want with me. So I'll have to get some time off to go to the bank etc.
Will FNB Sharesaver give roughly the same kind of value than the Satrix INDI way? Or will it be better to put in the effort and invest with Satrix.
FNB is going to be easier to invest, less hassles and paper work and I can manage it from my Internet Banking. Where with Satrix, it's a lot of paperwork and FICA, I don't mind it, just don't have everything they want with me. So I'll have to get some time off to go to the bank etc.
Will FNB Sharesaver give roughly the same kind of value than the Satrix INDI way? Or will it be better to put in the effort and invest with Satrix.
FNB Share Saver invests in the Top 100 company's on the JSE via 2 ETF's.
Satrix Indi invests in the Top 25 Industrial companies on the JSE.
So there is quite a big difference between the 2, and returns will be different.
Currently, STXIND is doing very well, but thats not to say it will continue doing so.
What amount you looking in invest? A lump sum or pm?
What's your risk appetite like?
Satrix Indi invests in the Top 25 Industrial companies on the JSE.
So there is quite a big difference between the 2, and returns will be different.
Currently, STXIND is doing very well, but thats not to say it will continue doing so.
What amount you looking in invest? A lump sum or pm?
What's your risk appetite like?
AlmightyBender
Executive Member
FNB Share Saver has a significantly lower risk profile than the Satrix INDI. FNB will give you the return of the market, the INDI will give you the return of a portion of a single sector of the market. Returns will generally be very different.