FNB has listed three new ETFs that are trading on the JSE. They’re’ve been issued over the MSCI world, MSCI Emerging Markets and S&P500.
We currently have ETFs listed over all these indices and this means that the TERs matter and we detail them below but the short answer, FNB has issued these ETFs with cheap TERs.
MSCI World
| New FNB | Existing 1nvest | Existing Satrix | Existing Sygnia | |
|---|---|---|---|---|
| Code | FNBWDM | ETFWLD | STXWDM | SYGWD |
| TER | 0.31% | 0.40% | 0.35% | 0.71% |
MSCI Emerging Markets
| New FNB | Existing Satrix | Existing 1nvest
(This is EM Asia) |
Existing Sygnia
(this is EM 50) |
|
|---|---|---|---|---|
| Code | FNBEMG | STXEMG | ETFEMA | SYGEMF |
| TER | 0.33% | 0.40% | 0.41% | 0.41% |
S&P500
| New FNB | Existing 10X Investments | Existing 1nvest | Existing Satrix | Existing Sygnia | |
|---|---|---|---|---|---|
| Code | FNB500 | CSP500 | ETF500 | STX500 | SYG500 |
| TER | 0.20% | 0.39% | 0.27% | 0.25% | 0.20% |
All can be included in your tax-free account.
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.
