THE SOUTH AFRICAN INDEX INVESTOR

“Greater rewards, lower costs”

INDEX PRODUCTS AND RELATED LINKS

The Passive/Active Investment Spectrum                    Download document...

 

Pure Index Funds:                                  Exchange Traded Funds;    Collective Investments

 

Enhanced Index Funds                        

 

Active Quantitative Funds

 

Pure Active Funds

 

 

Strategy

Expected Tracking Error

Management Costs

Expected Excess Return

Pure Index Funds

<1%

0.5% - 0.8%

0%

Enhanced Index Funds

1% - 3%

0.75% - 1%

2%

Active Quantitative Funds

3% - 7%

1.25% - 1.5%

3%

Pure Active Funds

3% - 7%

1.5% - 2%

5%