GLOSSARY

SATRIX RESI

23 January 2017 By PDSNET

Satrix Resi (STXRES) is an index tracking fund, providing investors with the price performance of the FTSE/JSE Capped Resource index. It, together with various other ETFs, is produced and managed by Satrix. If you think that commodities like gold , platinum, coal and iron ore are going to perform well then this ETF might suit you. Obviously, commodities like these depend on demand from overseas, especially China. They also tend to be very volatile and difficult to predict. For a complete list of ETF's and what they offer go to https://www.etfsa.co.za/

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