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OK, so they have vastly different approaches/goals and aren't really comparable, but I read that the NFEMOM's underlying index was changed and apparently it has more down turn protection.

I'm hoping somebody here can tell me more about it because in theory tracking stocks with momentum sounds very good. Problem is that it is rebalanced every month so if something bad starts happening it could be a while before "action" is taken. You're basically buying high and hoping to sell at a higher price just after it starts "crashing". This correct?

Reason is that I'm thinking of converting half my DIVTRX in my TFSA to NFEMOM or maybe replacing the STXIND in my TFSA with it (I actually don't like STXIND that much but I've had it from the start I never wanted to sell...).

Anyway, your thoughts please.

Their similarity in performance is what intrigued me but I reckon it is just coincidence...coincidence over couple of years though

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.

interesting

also been looking at NFEMOM

I use CSEW40 as my main vehicle ... have a bit in STXIND which i will probably phase out at some time

I never did understand the rebalancing on CSEW40 and if there are any charges in the rebalancing

Please let us know if you find out any further info!?

Never liked CSEW40. Some shares deserve a bigger portion in your portfolio when it is a regular index tracker but only up to a certain point. CSTOP50 is great that way.

NFEMOM along with DBXWD are my "main" ETFs in my investment portfolio. Along with a smaller allocation of PTXTEN they form the basis. My TFSA makes use of DIVTRX because it is geared for income.

So I make use of both essentially and they've been doing alright considering the last year's performance as a whole. NFEMOM is great because it is a total returns ETF so very hands off.

That said - I've moved to investing in unit trusts every month and halted my regular ETF investments. Multimanager unit trusts (Stanlib) gives me great diversification and access to stuff ETFs don't offer, but before I get stoned to death my main reason for switching was to get my investments and their performance out of my daily life. It consumed me and was way too easy to succumb to knee-jerk reactions.

So, I now live a more stress-free life, will probably cash out my investment ETFs and either pay off my car or move all of it to my unit trusts and the only downside is that I'll probably drink slightly less fancy wine than the ETF guys come retirement.

TFSA stays ETFs though :p

No transaction, performance or upfront fees as far as I am aware (to be honest I don't really know exactly) but still probably a higher TER than any ETF out there. My fin advisor mentioned something about a reduced rate negotiated with them but I don't have exact numbers.    

I get liquidity, no brokerage fees etc. per transaction and it is funded by via a debit order... that's all that counts

@Hamster

did you ever get rid of STXIND and move in NFEMOM?

seems a stronger place to be VS DIVTRX moving forward?

@Hamster

did you ever get rid of STXIND and move in NFEMOM?

seems a stronger place to be VS DIVTRX moving forward?

Outside of my TFSA my local equities are mostly NFEMOM. Still have STXIND in my TFSA, waiting for 7000...

Quote from: RayRay on February 01, 2017, 08:02:54 am

Quote from: jonb on January 31, 2017, 10:30:03 pm

@Hamster

did you ever get rid of STXIND and move in NFEMOM?

seems a stronger place to be VS DIVTRX moving forward?

Jon, may I ask for your reasoning RE this statement? Just curious, I have not looked at them in a while.

purely because of the high NPN allowance in STXIND , NFEMOM and DIVTRX were looking more interesting and "fair" to me,  basically Naspers wobbles ( or rather tencent wobbles )  and the entire index hurts

I am waiting for STXIND to hit 7000 then I willl sell it and go for DIVTRAX or NFEMOM will make the decision and reasoning when STXIND pushes closer to 6950