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ETF: How to read your MDD fund information

Kristia van HeerdenETF Blog, Latest

Minimum disclosure documents (MDD) have lots of useful information about your ETF. Here we explain these sections of your MDD: Fund classification (this tells you what type of asset you’re invested in and where in the world that asset lives), Distribution, Portfolio currency, Rebalancing, and Fees.

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ETF: Understanding feeder funds

Kristia van HeerdenETF Blog, Latest

Feeder funds allow issuers to offer offshore ETFs without having to buy the underlying shares. This means less administration and, importantly, lower fees. Satrix introduced feeder funds to the South African market with three offshore ETFs in 2017. Other ETF issuers have followed suit since. The 1nvest global range consists entirely of feeder funds. You may ...

Retire: A glossary of fees

Carina JoosteLatest, Retire

Retirement products are complicated. So let’s get our teeth into one dimension that should always take priority: Fees.  Keep this glossary at hand when you next review your retirement product to see exactly what each fee means and how they will impact your savings in the long run.    EAC Effective Annual Cost Standard  The ...