The 27th of November marks the 20th anniversary of the listing of the first exchange-traded fund (ETF) in South Africa – the Satrix 40 (STX40*). It listed at 774c and at the time of writing, it was trading at 5 267c. Dividends received over the 20 years amount to another 1 517c, giving a total return of some 776% over the two decades. Not yet a ten-bagger, but a great return for doing nothing (aside from buying at listing).
Bu hikaye Finweek English dergisinin 26 November 2020 sayısından alınmıştır.
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Bu hikaye Finweek English dergisinin 26 November 2020 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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