Share Forum - Discuss JSE shares and join the Investor Challenge

Quote from: Hamster on October 10, 2016, 05:56:33 pm

It's called a Total Return ETF. NFSWIX and NFEMOM are examples of ETFs that reinvests the dividends for you.

Sent from my LG-V490 using Tapatalk

The total expense ratio of NFSWIX is 0.36% so you are indirectly paying for that reinvestment of dividends.

Explain? What makes NFSWIX's TER so different from the others? STX40 is close to 0.45%

It's called a Total Return ETF. NFSWIX and NFEMOM are examples of ETFs that reinvests the dividends for you.

Sent from my LG-V490 using Tapatalk

They are extremely liquid at the prices quoted by the robots Not outside of them as there are not enough buyers and sellers.
The robots will note market movements and modify buy and sell quotes in the direction of the market movements  so you will not benefit from older market prices that have not yet moved. That is how ETF's work.

Well I'll have to take your word for it and go check it out again because I have bought and sold a couple of ETFs before and this is the first time I've struggled with liquidity.

Cool, he responded pretty quick and the transaction is done. Quoted:

I will take the stock at your level as that is the current NAV of the ETF.

So if this single sided rant of a thread is of any use to anybody, like Patrick mentioned, if your trades aren't happening call their market maker (details on their site).

PTXTEN - last night I attended a talk on wealth creation at the JSE. One of the counters that came up was this Property tracking counter. My broker/JSE platform gives very little detail on this counter other than its quarterly distribution which seems fairly erratic with dividends ranging between 11 cents and +/-32 cents over 2015/6. Looking at SENS they listed 150,000 securities on 16/8/2016 only to delist 200,000 on 2/9/2016 - there are quite a number of occasions where securities are listed/delisted.
Can anybody throw some light on this index and whether they are holders in their own portfolios (not competition portfolio)
Thanks

I do..

http://coreshares.co.za/products/coreshares-proptrax-ten-ptxten/

Basically take the top 10 property shares and creates an equally weighted (+- 10% each) ETF from it. Quarterly payouts and rebalancing.

I take it I can find said number on their site?

 Most fun one can have on two wheels if you are happy with 75km/h and never going on highways

OK, so I got some feedback.

Similarity between the two are just coincidence.
Seems that it shortlists top 60 shares based on momentum over last 250 days.
Then selects top 20 based on last 12 months excluding latest month.
Min weighting of 1%
Max weighting of 12%

They also have some other checks to make sure that "spikes" in share prices that makes it look like it has momentum are disregarded etc. Overall, if you're not looking for the dividends from DIVTRX but do want "quality" stock then NFEMOM might be worth a look. I reckon I'll move my CTOP50 to it and be done with the "TOP *" ETFs for a while.