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ETF: Understanding the NewFunds Momentum Equity ETF

Kristia van HeerdenETF Blog, Latest

Effective 1 March 2023, this ETF  is now the Satrix Equity Momentum ETF (JSE code: STXEQM) There is no upper limit to the potential performance of a share. It's unintuitive, but it's true. A share price that has gone up 100% can go up another 200% and then 300% after that. Share prices are determined ...