BettaBeta ETF tops financial market returns

The BettaBeta tracks the performance of the FTSE/JSE Top 40 Index, which itself consists of the top performing global companies across sectors such as industrial, resources and financials. Each BettaBeta share represents a stake in the performance of each of the top 40 companies, which include Anglo America, Old Mutual, Investec, MTN, SABMiller, BHP Billiton and others.

According to Nedbank Capital’s head of Beta Solutions, Nerina Visser the local ETF share price, which listed at P32 in 2011, has grown by over 30 percent to outperform returns of other financial instruments such as stocks, bonds and cash investments.