| Focus and Objective |
The mandate of the Satrix Fini ETF("Satrix Fini") is to track, as closely as possible, the value of the FTSE/JSE Financial 15 index (J212).
Satrix Fini is an index tracking fund, registered as a Collective Investment Scheme, and is also listed on the Johannesburg Stock Exchange as an Exchange Traded Fund. Satrix Fini provides investors with the price performance of the FTSE/JSE Financial 15 index (J212) as well as pays out, on a quarterly basis, all dividends received from companies comprising the index, net of cost.
In order to reduce costs and minimise tracking error, Satrix Fini engages in scrip lending activities with SIM and Investec. Manufactured (taxable) dividends could arise from such transactions.
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| Management |
| Satrix Securities |
This fund is managed by Satrix Managers (Pty) Ltd.
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| Comparative Performance - A Class |
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| Technical Overview |
| Formation Date: |
15 Feb 2002 |
| JSE Code (A): |
STXFIN |
| Benchmark: FTSE/JSE FINANCIAL 15 (J212) |
| Holdings: |
16 |
| Unit Holders: |
1 |
| Original Price: |
342 |
| Pricing System: |
Forward |
| Minimum Lump Sum: |
R1 000 |
| Minimum Monthly: |
R300 |
| Risk Rating: |
High |
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| Dividend Yield A Class |
| Vertical lines represent dividends. |
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Dividend History - A Class
(last 3 years) |
| 17 Oct 2023 |
22.78c |
| 25 Jul 2023 |
33.63c |
| 18 Apr 2023 |
8.14c |
| 17 Jan 2023 |
16.52c |
| 18 Oct 2022 |
20.91c |
| 19 Jul 2022 |
26.30c |
| 19 Apr 2022 |
7.78c |
| 18 Jan 2022 |
12.57c |
| 12 Oct 2021 |
12.40c |
| 13 Jul 2021 |
13.47c |
| 13 Apr 2021 |
6.06c |
| 12 Jan 2021 |
1.64c |
| 14 Jul 2020 |
36.01c |
| 14 Apr 2020 |
0.90c |
| 14 Jan 2020 |
12.28c |
| Fees |
| TER, Class-A (30 Jun 2023): |
0.43% |
| Perf Fee TER, Class-A (30 Jun 2023): |
0% |
| Annual, Class-A: |
0.757% |
| Performance, Class-A:0.45% - 0.80% per annum depending on the size of the investment. Only applicable if purchased through the Investment Plan. |
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Top Holdings on 30 Sep 2023 |
| Share |
No Units |
Value (Rm) |
% of Fund |
| FIRSTRAND |
3 355 432 |
214.28 |
20.14% |
| STANBANK |
897 065 |
164.81 |
15.49% |
| CAPITEC |
56 881 |
97.63 |
9.18% |
| ABSA |
554 569 |
96.96 |
9.11% |
| SANLAM |
1 160 834 |
76.23 |
7.17% |
| Totals |
|
649.90 |
61.09% |
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Asset Allocation |
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Sectoral Breakdown |
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