JSE Direct 209: Hating on unit trusts

An episode of the WorldWide Markets with Simon Brown podcast, hosted by JustOneLap.com, titled "JSE Direct 209: Hating on unit trusts" was published on April 6, 2016 and runs 21 minutes.

April 6, 2016 ·21m · WorldWide Markets with Simon Brown

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Episode Description

Hating on unit trusts

Simon Shares

SPIVA results for South Africa are out and they track how many active managers fail to beat the index. Truth is that even over 1 year most do NOT beat the index. In short, buy passive or lose money? The PDF of the report is here.
Standard & Poors has downgraded SA's expected GDP for 2016 from 1.6% to 0.8% further cementing the likelihood of a downgrade to junk from the rating agency.
African Bank has relaunched, but this is not the one you have shares in. The suspended ABIL sold off good assets and is left with a giant pile of debt and those left holding ABIL when it was suspended in August 2014 hold worthless shares.
The Satrix Resi (JSE code: STXRES) is our focus ETF this week.
We published our bubble graphic of Top40 individual stock returns for Q1 2016.

Helena Conradie CEO Satrix

Satrix is best known for their Exchange Traded Funds (ETFs) but have in recent years also moved into index tracking unit trusts. The question is why and if unit trusts are still the evil rip off they were back in the day? It is still a case of watch the fees and know what's inside?

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