‘Long-term investing is meant to be boring’
Nov 26, 2020
2 minutes
By Simon Brown
he 27th of November marks the 20th anniversary of the listing of the first exchange-traded fund (ETF) in South Africa – the Satrix 40 (STX40*). It listed at 774c and at the time of writing, it was trading at 5 267c. Dividends received over the 20 years amount to another 1 517c, giving a total return of some 776% over
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