Sygnia Itrix MSCI Japan ETF
Regional--Equity--General
Focus and Objective The investment policy of the portfolio shall be to track the Index as closely as possible. The portfolio shall not buy or sell constituent securities, any other securities or financial instruments for the purpose of making a profit, nor for any purpose other than tracking the Index. As a secondary objective, securities held by the portfolio from time to time may be utilised to generate income for the benefit of investors, provided that such activities do not conflict with the investment policy as stated in the clauses above. Investors can obtain participatory interests in the portfolio by acquiring participatory interests on the secondary market or subscribing for participatory interests in the portfolio. In order to achieve this object the manager may, subject to the Act and the Deed create and issue an unlimited number of participatory interests in the portfolio. The portfolio will not be managed according to traditional methods of active management, which involve the buying and selling of securities based on economic, financial and market analysis and investing judgment. Instead the investment objective and style will be full replication of the Index. As a result the financial or other condition of any company or entity included from time to time in the Index will not result in the elimination of its securities from the portfolio unless the securities of such company or entity are removed from the Index itself. The portfolio shall also be entitled, in its discretion, to employ such investment strategies as will most effectively give effect to the investment policies of the portfolio. The composition of the portfolio will be adjusted periodically to conform to changes in the composition and weighting of the securities in the Index so as to ensure that the composition and weighting of the scheme's portfolio are a reflection of the composition and weighting of the securities contained in the Index. The portfolio will hold securities purely for the economic rights and benefits attaching thereto, and accordingly if a takeover bid is made for shares of a company included in the Index, the portfolio will not tender shares in respect thereof. Securities held by the portfolio which are subject to a takeover bid will only be surrendered if such surrender is mandatory (and then only to the extent of such mandatory surrender) in terms of applicable law or under the rules of a regulatory authority or body having jurisdiction. If a takeover bid results in a company no longer qualifying for inclusion in the Index, any shares of the company held by the portfolio after the takeover bid will be disposed of by the portfolio, and the proceeds will be applied in effecting the appropriate adjustments to the portfolio. To the extent necessary for the purposes of achieving its investment policies, the portfolio may hold assets in liquid form. Any assets held in liquid form may be invested in short?term investments such as banker's acceptances and certificates of deposit. The portfolio's ability to replicate the price and yield performance of the Index will be affected by the costs and expenses incurred by the portfolio. ETF - Local CIS with 100% investment in foreign equities as approved by FSB Management Sygnia Asset Management (Pty) Ltd.   Mellon Capital Management Corporation   Comparative Performance     Technical Overview Formation Date: 31 Mar 2008 JSE Code: SYGJP Benchmark: MSCI Japan index Holdings: 220 Unit Holders: 1 Original Price: 614 Pricing System: Forward Income Decl: 30/06,31/12 Income Pay: 27/04,17/01 Minimum Lump Sum: R1 000 Minimum Monthly: R300 Risk Rating: Low Medium   Dividend Yield Vertical lines represent dividends.   Dividend History (last 3 years) 30 Jun 2020 17.72c 16 Jan 2020 17.72c 11 Jul 2019 4.84c 24 Dec 2018 9.28c 28 Jun 2018 8.99c 14 Dec 2017 6.68c 2 Jun 2017 7.59c Fees TER (31 Mar 2020): 0.86% Perf Fee TER (31 Mar 2020): 0% Annual: 0.863% Performance:0.00%   Top Holdings on 31 Mar 2020 Share No Units Value (Rm) % of Fund TOYOTA 30 600 32.91 4.55% SOFTBANK 43 400 18.25 2.53% SONY 17 100 18.17 2.51% KEYENCE 2 488 14.34 1.98% KDDI 23 700 12.51 1.73% Totals   96.17 13.31%   Asset Allocation   Sectoral Breakdown Sygnia Itrix MSCI Japan ETF Price   Performance to 2 Jul 2020 R1 000 Lumpsum (NAV-NAV Incl. Dividends) Period Return Value(R) Inflation(R) 3 Months 7.09% 1 070.90 1 012.60 6 Months 11.10% 1 111.00 1 031.20 1 Year 20.60% 1 206.00 1 044.00 3 Years 11.30% 1 378.60 1 143.30 5 Years 9.53% 1 576.10 1 279.80 10 Years 14.10% 3 739.50 1 680.10   R100 per Month (NAV-NAV Incl. Dividends) Period Return Value(R) Inflation(R) 3 Months -3.08% 293.88 303.48 6 Months 5.64% 620.04 610.95 1 Year 13.22% 1 289.52 1 233.11 3 Years 11.31% 4 302.85 3 866.11 5 Years 9.72% 7 749.31 6 773.53 10 Years 12.98% 24 644.14 15 634.50 * Values for periods greater than one year are annualised   Back to Top ProfileData has taken care in preparing this information but does not accept any liability for errors or out-of-date information. [  © Copyright Reserved 2020  ]