Each month Intellidex updates a list of ETFs, from a pool of 57 listed on the JSE, that it considers the best on offer across several asset classes. A flurry of new ETF listings this year has seen some changes to our traditional choices. Our view is, first, informed by macro developments both globally and at home. Second, we consider costs, strategy and diversification of each fund.
Generally, we classify all ETFs into five categories: domestic equity; international equity; bonds and cash; multi-asset; and dividend-focused. Not all categories are right for investors; you would want to choose asset classes that meet your unique objectives. With the advent of an emerging markets fund and a frontier markets fund, this month we split our international category into developed and developing markets.