The JSE and finance forum for South Africa
General Category => Shares => Topic started by: Hamster on February 05, 2016, 03:45:41 pm
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So I've been investing in FNB's Share Saver every month from when they first started. Basically gives me equal RMBT40 and RMBMID shares every month.
So I've been looking around and I found MAPPSG - http://etfcib.absa.co.za/Products/Exchange%20Traded%20Funds/Balanced/MAPPSGrowth/Pages/default.aspx
Its makeup:
Cach (6.92%)
Equity (73.82%)
Govi Bonds (9.04%)
Infl Linked Bonds (10.22%)
Dividends are automagically reinvested. I guess no dividends tax then?
So the question is do I take out a sizable chunk (lets say 70%) of my Share Saver and move it to MAPPSG (one the EE platform)?
Do I take out the full 100% and invest in MAPPSG rather (is MIDCAP worth keeping)?
Do I leave it as it is.
I have STXIND as well...so maybe some double investments.
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You'll still pay dividends tax I'm afraid...
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You'll still pay dividends tax I'm afraid...
Bah, well, small issue to it however disappointing.
So what do I do - looks more diversified and shows marginally better growth.