In the first quarter of 2024, the S&P 500 Index saw a significant rise of approximately 10%, driven by strong earnings from several leading tech companies. In contrast, the JSE All Share Index experienced a decline of 0.5% during the same period. Information technology index trackers, especially those following the S&P 500 Info Tech and S&P IT indices, have shown strong performance over periods up to five years, outpacing other sectors.
The latest EFTSA Monthly Performance Survey presents a comprehensive analysis of 214 JSE-listed ETFs, ETNs, AMCs, and 31 index tracking unit trusts. Detailed performance data for various categories, including domestic and foreign ETFs, commodity ETFs, and actively managed certificates, can be found in the full survey report.
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