Staying on the right side of the bet against the S&P 500

*This content is brought to you by CoreShares, Africa’s premier passive investment management business

The losers have already conceded defeat to Buffett and his 10 year bet on the S&P 500. It’s never too late to participate in the ownership of 500 of the worlds’ greatest brands. The iconic index made its debut on the JSE in late 2016 as CoreShares listed the first S&P 500 Exchange Traded Fund ‘ETF’ (Share Code: CSP500). The ETF trades in Rands whilst the underlying index is based in US Dollars. Accordingly, one receives excellent protection against a possible falling Rand as well as exposure to some of the world’s largest companies.

The ETF can be bought through any stockbroker. In addition, CoreShares, the innovative South African passive investment manager, has launched its own, user-friendly electronic platform, ‘CoreShares ONLINE’.

The online application is aimed at individuals who don’t have a stockbroking account but who would like a simple method of buying CoreShares ETFs. Users can use this online platform to buy ETFs in a single transaction or on a recurring monthly debit order basis. The online platform also caters for tax-free savings accounts, making it great for clients’ long-term investment goals.

The popularity of index funds and our growing daily use of technology share a lot of common characteristics, these include: reducing costs or friction, reliability, simplicity and convenience.

CoreShares ONLINE embodies these characteristics through the following defining features:

  • Online FICA registration;
  • Low brokerage fees of 0.1% and a reasonable platform fee of 0.3%, regardless of the sum invested;
  • Low minimum lump sum investment of R1,000 and/or the option of a recurring premium (minimum R250 p/month);
  • A simplified investment interface; and
  • Call Centre support
Gareth Stobie, CoreShares

The CoreShares S&P500 ETF is one of 10 ETFs as well as a money market option available on the platform. The online platform is available at CoreShares’ website:

CoreShares MD Gareth Stobie together with Simon Brown of will be hosting a free seminar on the world of index investing including: the S&P500, the online platform as well as some core principles to take on board when approaching investments.

*Durban, Riverside Hotel, 24 May, 5.30pm for 6pm. Booking: [email protected]