KNOW WHAT’S INSIDE
In the wake of the African Bank collapse there is suddenly talk about the Divi Plus index and how it is constituted, as it held the failed bank. I think this debate misses the real issue. When things were going great, nobody was asking for a review and it comes back to what Nedbank’s Nerina Visser once said on the subject: what’s inside is what you get. It is always critical to understand how a basket of stocks is selected. Don’t come after the fact to complain.