Being the July meeting we looked at the performance of the various sectors of the ASX and also at the ASX Indexes over the past financial year. For interest we studied the figures achieved by some major overseas Indexes for the same period.
Exchange Traded Products or ETPs occupy only a small proportion of the ASX. However, interest in ETPs appears to be increasing partly due to prolific marketing by US firms involved with ETPs. We looked at some high yielding ETPs and also at the variety of ETPs which are available to the investor on the Australian market.
Our final topic for the afternoon was Managing Financial Risk in Share Transactions. This is an important area for those investors seriously involved in the share market.
The next meeting of Investment will be on Friday 4 August 2017 at 1.30pm