STX500 sitting at R131.38 gives local investors cheap exposure to the S&P 500 without currency drag if you'…by @jse_tttrading on $STX500

STX500 sitting at R131.38 gives local investors cheap exposure to the S&P 500 without currency drag if you're holding ZAR. The US market's been resilient despite rate concerns, so the underlying fundamentals remain decent for long-term dollar-based growth.