Standard Bank, STANLIB and Liberty are excited to announce the launch of 1nvest, a specialist index tracking fund provider. Geared specifically to provide simple, transparent and cost-effective passive investment products, 1nvest specialises in index tracking unit trusts and exchange-traded funds.
1nvest is the product of collaboration from all three businesses under the Standard Bank Group, Africa’s largest financial services group, combining existing index funds, experience and expertise to provide clients with a comprehensive range of 28 index tracing funds across multiple asset classes and geographies.
Index investing or passive investing has seen enormous uptake in more developed markets. According to Moody’s Investor Services, the adoption of passive investing in the US continues unabated with US passive investment funds set to overtake active funds by 2021.
Johann Erasmus, 1nvest Executive observes, “while the total amount of money invested in passive funds in South Africa is small compared to managed funds, an ever-increasing number of investors are showing interest in index funds as part of their larger investment portfolios”.
A big driver of this is the low-cost return, simple and transparent access that these products offer.
Index funds, as the name suggests, track market indices and don’t require a portfolio manager to carefully manage asset allocation. This means that fees are reduced and investment return that closely matches the targeted index is delivered .
Wehmeyer Ferreira, 1nvest Executive notes “over the last year or so, investors have become spoilt for choice as issuers have listed various new exchange traded funds (ETFs) on the Johannesburg Stock Exchange, offering both local and offshore exposure”.
But with a wide variety of options, investors may feel overwhelmed by what is becoming a vast landscape of product offerings. 1nvest has five broad product ranges that span equities, fixed income, commodities and property asset classes. These include the Local, Global, Blended, Commodity and Smart Beta ranges. That’s why 1nvest has made it simple. No matter who you are, no matter what you want to do, 1nvest provides the building blocks for a well-rounded investment portfolio.
1nvest gives investors the tools to grow their money and take control of their own future, in a way that is simple, straightforward and open. With the backing of the finest minds from the country’s most trusted financial institutions, we work with investors to build their wealth and achieve their financial goals.