Investment update | A cheap option to invest in US shares. Rand surges on dovish Fed comments

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Investment update | A cheap option to invest in US shares. Rand surges on dovish Fed comments

When people talk about the US stock market, they’re more than likely referring to the S&P 500. This major index tracks the prices of the 500 largest publicly listed companies in the US and represents 80% of the entire US stock market capitalisation . Established in 1957 as the first US market-cap-weighted index, it has produced an annualised dollar return of 10.3% since then.

Importantly, you can invest in an exchange-traded fund that tracks the performance of the S&PP500, giving investors instant access to participate in the returns of the US stock market, alongside diversification across various sectors and industries encompassing the 500 most significant US-listed corporations.South Africans need to be in the know if we want to create a prosperous future.

 

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