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Simon and all...Asset Backed Securities - EFTs (SATRIX, etc)...HELP NEEDED!!

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Hi Guys,can anyone confirm how these passive funds scheme operate in South Africa. I'm keen to put my money into one or two EFTs on the local exchange. Are there any concerns, or ones to avoid??? this is what i know (or dont know)..... low entry and exit fees no expiry date like warrants no margin like futures recieve pro-rate rate of the dividends on the underlying shares..... Would appreciate share of knowledge as this is my life savings here!!
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CrownA
Super Contributor
I think this is better than any of the Pension Funds, RAs, etc. But the Insurance industry has the 15% tax break, here you don't. But it is your money anyway.
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i agree, the ones that are covered in the STD securities.....all good in your opinion?
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I have always been a fan of them, since there is no ways I could diversify my portfolio to that level. Can't give advise on which are better though.
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