According to 10X Investments, the global ETF industry is currently valued at $10 trillion, and it's expected to triple in the next decade. People love ETFs because they're simple, easy to access, and cost-effective, making them great for all kinds of investors.
In South Africa, ETFs are becoming more popular, especially with the introduction of Actively Managed ETFs (AMETFs) last year. One example is the newly launched 10X Income AMETF, which is designed for investors who want bond-like returns with less risk. The fund aims to generate a high and consistent level of income and to give investors a chance to navigate fixed income markets for consistent, low-risk returns with a current yield of 9.7%.
The 10X Income AMETF is a unique investment opportunity, offering a globally diversified, managed income solution through the accessible form of an ETF on the JSE with a low-cost structure. It's designed for investors looking for consistent, low-risk returns and is also available as a unit trust.
To learn more about potential of the 10X Income AMETF, watch the video below.
To know more and to explore the right ETF for you, check our EasyCompare website.
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