Ashburton ETFs moving to FNB

Simon Brown ETF Blog, Latest

Late in December Ashurton CIS announced they were transferring the management of their five ETFs to new managers, namely FNB CIS Manco.

The effective date is expected to be Monday 14 February and this will result in a name and code change on that date.

There will be no other changes such as underlying index, total expense ratio (TER) or ETF price.

The five ETFs and the new codes are as below;


ETF blog

 

At Just One Lap, we are big fans of passive investment using ETFs. In this weekly blog, we discuss ETFs on the local market and the factors you need to consider when choosing an ETF. If you have wondered how one ETF differs from another, this is where you can find out. We explain which index each ETF tracks, what type of portfolio could benefit from holding each ETF, and how the costs will affect your bottom line.



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