The JSE and finance forum for South Africa

General Category => Shares => Topic started by: stealthywealth.co.za on October 12, 2016, 11:29:30 am

Title: New Coreshares Products
Post by: stealthywealth.co.za on October 12, 2016, 11:29:30 am

FYI there are two new Coreshares ETF products launching towards end October:

CoreShares S&P500
CoreShares S&P Global Property

TER's will be 0.45% for the CoreShares S&P500 & 0.50% for the CoreShares Global Property (i.e. the S&P one is much cheaper than DBXUS)

Title: Re: New Coreshares Products
Post by: Hamster on October 12, 2016, 11:35:18 am

Nice!

S&P Property have an annualised growth of just over 7% for last 5 years though. Supposed a declining Rand will help but...   

Title: Re: New Coreshares Products
Post by: Patrick on October 12, 2016, 11:46:13 am

Also happy to see that. The S&P500 is already quite well diversified internationally, I might use it in my TFSA next year. Let's hope the DBX guys respond by cutting rates now.

Title: Re: New Coreshares Products
Post by: Hamster on October 12, 2016, 11:57:06 am

Wonder what kind D if dividends the global property ETF will pay. That in your TFSA though will probably still mean foreign taxes will apply.

Title: Re: New Coreshares Products
Post by: Hamster on October 12, 2016, 12:20:10 pm

Here's the fact sheet: http://us.spindices.com/idsenhancedfactsheet/file.pdf?calcFrequency=M&force_download=true&hostIdentifier=48190c8c-42c4-46af-8d1a-0cd5db894797&indexId=5475981

It's the S&P GLOBAL PROPERTY 40

Title: Re: New Coreshares Products
Post by: jonb on October 13, 2016, 02:00:37 pm

What is the main diff between DBXus and the Coreshares S&P 500

apart from the difference in costs which is a major reason i guess to take this up over DBX

DBXUS has an extra 120 companies if I am correct ... is this a positive or negative in anyway

Title: Re: New Coreshares Products
Post by: Hamster on October 13, 2016, 03:01:54 pm

Positive in that more allocation is given to larger companies.
Negative in that it's less diverse. But really... 500 odd companies is insane!

Title: Re: New Coreshares Products
Post by: JohnnyH on October 19, 2016, 08:08:36 am

Very cool to see new ETFs on our market!

I was wondering, specifically for the Global property ETF, how would the foreign withholding tax work on this one seeing as it is priced in $$$. I also wonder how this would work in a TFSA. As far as I can see we still pay the foreign WHT for the DBX ETFs, so assuming it would be the same with this?

If anyone knows, please share!
J