An­other in­vest­ment op­tion

Finweek English Edition - - Letters - AMA­TEUR IN­VESTOR

VIC DE KLERK’S ar­ti­cle in Fin­week of 15 Fe­bru­ary dealt with the ben­e­fits of in­vest­ing in about seven dual-listed shares. The same re­sult can be achieved eas­ier and prob­a­bly cheaper by in­vest­ing in Absa’s NewRand, which in­vests in 10 JSE top 40 shares that are re­garded as rand hedges.

An in­vest­ment in NewRand is an eas­ier op­tion for the ama­teur in­vestor, and his money is dis­trib­uted bet­ter.

In my view, this is an ex­cel­lent prod­uct that de­serves bet­ter mar­ket­ing.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.