Invest in global ETNs
Now you can benefit from the growth of your favourite global shares like Amazon, Netflix and Tesla.
What's more, you can decide if you want currency exposure or not. Either way you do not have to take your money offshore.
Now you can benefit from the growth of your favourite global shares like Amazon, Netflix and Tesla.
What's more, you can decide if you want currency exposure or not. Either way you do not have to take your money offshore.
Exposure to the biggest global companies has never been this easy with FNB Global ETNs which allows South African investors to gain exposure to international companies via FNB listed exchange-traded notes (ETNs).
Some of the shares currently included are: Alphabet, Amazon, Apple, Coca-Cola, Facebook, McDonald's, Netflix, Tesla and Visa.
Compo
The investment has currency exposure (e.g. dollar). If the rand weakens, your investment will benefit from the foreign currency gain - and the opposite if the rand gains strength. This option is the closest to physically owning the offshore share.
Quanto
This means that any rand/currency fluctuation will not affect the return of the investment.
An exchange-traded note (ETN) is a type of security that is issued by a financial institution like FirstRand Bank. All FNB ETNs have been listed from R10, giving investors affordable exposure to foreign shares.
An ETN's price fluctuates based on the underlying performance of the instrument it tracks. Even though investors do not physically own any shares, they obtain exposure to the company's performance based on the fluctuating ETN price. This means if an Amazon ETN is purchased, the value of the ETN will fluctuate based on the performance of the Amazon share value itself. The better the company performs, the higher the value of the ETN and the more profit investors will make.
The ETNs are available on Share Builder, Share Investor and Local Trader.
Simply search FNB ETN on your share trading account and invest easily.
Choose if you want to invest with or without currency exposure - if you want dollar exposure, select the share with a C, if you don't select Q.
