| Focus and Objective |
The Satrix SWIX TOP 40 is an Exchange Traded Fund, which listed on the JSE on 10 April 2006. It is also registered as a Collective Investment Scheme. The Satrix SWIX TOP 40 tracks the FTSE/JSE Swix Top 40 index, which adjusts the Top 40 index to downweight the foreign holdings of the top 40 constituent companies. The impact of the shareholder adjusted Top 40 index is to reduce the volatility of this index compared with the conventional FTSE/JSE Top 40 index. The Satrix SWIX TOP 40 replicates the performance of the FTSE/JSE Swix Top 40 index, as closely as possible, by holding the index constituent companies in the exact weighting they comprise of the index. All dividends received from shares in the Swix Top 40 index are paid out to investors on a quarterly basis - net of costs.
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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: |
10 Apr 2006 |
| JSE Code (A): |
STXSWX |
| Benchmark: FTSE/JSE SWIX Top 40 (J400) |
| Holdings: |
42 |
| Unit Holders: |
1 |
| Original Price: |
405 |
| 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) |
| 29 Oct 2019 |
10.26c |
| 16 Jul 2019 |
10.92c |
| 15 Apr 2019 |
4.12c |
| 22 Jan 2019 |
3.63c |
| 16 Oct 2018 |
9.74c |
| 10 Jul 2018 |
5.27c |
| 10 Apr 2018 |
8.39c |
| 9 Jan 2018 |
4.24c |
| 26 Sep 2017 |
8.34c |
| 28 Jun 2017 |
5.86c |
| 28 Mar 2017 |
6.20c |
| Fees |
| TER, Class-A (30 Jun 2020): |
0.33% |
| Perf Fee TER, Class-A (30 Jun 2020): |
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 Jun 2020 |
| Share |
No Units |
Value (Rm) |
% of Fund |
| NASPERS-N |
35 413 |
112.02 |
31.36% |
| PROSUS |
10 240 |
16.47 |
4.61% |
| ANGLO |
39 346 |
15.79 |
4.42% |
| BATS |
22 684 |
15.19 |
4.25% |
| FIRSTRAND |
387 505 |
14.75 |
4.13% |
| Totals |
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174.22 |
48.77% |
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Asset Allocation |
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Sectoral Breakdown |
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