Welcome to the third in this series of posts. For those of you that are reading this series for the first time, here are the key points:
- I’m a fan of exchange-traded funds. Mainly because I don’t like paying management fees.
- There are other options open to the small investor.
- This series of posts is basically an experiment to see how the exchange-traded funds fare against the alternatives. I realise that it’s a sample size of one – but really, you only get sample sizes of one in the investing world.
If you’d like to read more about the process, here are the important earlier posts:
Here are the various prices floating around:
And these are the translated results for the week 2:
What you’ll notice:
- Satrix is still in the lead, both for weekly return and for overall return.
- The actively-traded Unit Trust (Nedgroup’s Invest Entrepreneur A) is generating a positive return before you take fees into account. After that, it’s a bit unfortunate.
- Arty-type investments are a terrible idea (the weekly fall in value is due to the rand strengthening against the dollar).
- Gold had a terrible week.
- Anything bought on FNB Share Builder is struggling to beat those fees.
Until next week…