This ETF is great for investors who want exposure to commodities via resource miners. It is very cyclical but booms every so often.
Absa and Sanlam are merging their investment businesses and this includes NewFunds ETF being taken over by Satrix.
While ETFs started out as broad-market products weighted by capitalisation, local ETF issuers have also ventured into more complex index methodologies to offer something for every taste. Here we explain more about these ETFs so you can decide if they have a place in your portfolio.