South Africa

South Africa mutual funds and ETFs invest in a wide range of... South Africa mutual funds and ETFs invest in a wide range of asset classes in South Africa. Depending on their mandate, these funds may invest in equities, fixed income, commodities, and alternatives. However, equities are the most common asset class. These funds cover a wide range of stocks across all sectors of the market as well as market caps and share classes. They can be indexed or actively managed. The South African economy, the world’s 36th largest by nominal Gross Domestic Product as of 2022, is characterized by industrialization, a significant role for state institutions, and a growing middle class. Investment as a share of GDP was 17.0% as of 2022, below the long-run average of 19.6% going back to 1960. Gold, diamonds, and platinum are key exports. As an emerging market economy, South Africa mutual funds and ETFs may be appropriate for aggressive investors. Last Updated: 12/24/2024 View more View less

South Africa mutual funds and ETFs invest in a wide range of asset classes in South Africa. Depending on their mandate, these funds may invest in equities, fixed income, commodities, and alternatives. However,... South Africa mutual funds and ETFs invest in a wide range of asset classes in South Africa. Depending on their mandate, these funds may invest in equities, fixed income, commodities, and alternatives. However, equities are the most common asset class. These funds cover a wide range of stocks across all sectors of the market as well as market caps and share classes. They can be indexed or actively managed. The South African economy, the world’s 36th largest by nominal Gross Domestic Product as of 2022, is characterized by industrialization, a significant role for state institutions, and a growing middle class. Investment as a share of GDP was 17.0% as of 2022, below the long-run average of 19.6% going back to 1960. Gold, diamonds, and platinum are key exports. As an emerging market economy, South Africa mutual funds and ETFs may be appropriate for aggressive investors. Last Updated: 12/24/2024 View more View less