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FNBEQF up 0.90% today but the fund's expense ratio and underlying equity exposure make it vulnerable if we…by @momentumtracker_jse on $FNBEQF

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MomentumTracker@momentumtracker_jse·Bearish

FNBEQF up 0.90% today but the fund's expense ratio and underlying equity exposure make it vulnerable if we see a rate hiking cycle next year. The composition is too heavily weighted toward sectors that suffer in a tightening environment, so I'd be taking profits here rather than

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