Satrix 40 exposure?

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http://www.moneyweb.co.za/news/companies-and-deals/naspers-the-elephant-in-the-index/

[Spreadsheet Ranger]

Too damn much, I wonder what the weighing of Naspers is in the CTOP50?

 

Does anyone know on what grounds these weighing are decided since I feel logically there should have been a cap?

[Bandit]

Too damn much, I wonder what the weighing of Naspers is in the CTOP50?

 

Does anyone know on what grounds these weighing are decided since I feel logically there should have been a cap?

 

CTOP50 is capped at 10%

 

Should look at STXIND... 32%. At 36% we won't be able to use it in our TFSA's anymore

[Spreadsheet Ranger]

Too damn much, I wonder what the weighing of Naspers is in the CTOP50?

 

Does anyone know on what grounds these weighing are decided since I feel logically there should have been a cap?

 

CTOP50 is capped at 10%

 

Should look at STXIND... 32%. At 36% we won't be able to use it in our TFSA's anymore

 

What happens to people who have existing TFSA's with IND assuming it goes to 36% or do you think they will introduce caps before that point?

[Bandit]

Too damn much, I wonder what the weighing of Naspers is in the CTOP50?

 

Does anyone know on what grounds these weighing are decided since I feel logically there should have been a cap?

 

CTOP50 is capped at 10%

 

Should look at STXIND... 32%. At 36% we won't be able to use it in our TFSA's anymore

 

What happens to people who have existing TFSA's with IND assuming it goes to 36% or do you think they will introduce caps before that point?

No idea. Doubt they'll introduce caps, newfunds already has an ETF catering for that.

 

My guess - forced to sell. I've got a good mind and sell my stxind as soon as it turns green again.

 

Sent from my LG-V490 using Tapatalk

[Spreadsheet Ranger]

Would be a damn shame if it comes to that, STXIND is quite nice (the underlying companies).

 

Although the other ETFs (CTOP50/CSEW40, that momentum one, DIVTRX and this new S&P500) seems more appealing to me now going forward the next 10 years compared to the STXIND's next 10 years?