ETFs dazzle in Q1

THE three Exchange Traded Funds (ETFs) on the Zimbabwe Stock Exchange (ZSE) have all had an impressive start to the year, notching market-beating gains in the first quarter.

ETFs are managed funds that track the performance of a specified security, which include, but are not limited to equity indices, commodities and currencies.
The oldest of the three, Old Mutual ZSE Top Ten Index ETF, gained 92,88 percent during the quarter, compared to the index’s returns of 53,74 percent during the same