Sygnia Itrix MSCI US Index ETF
Regional--Equity--General
Focus and Objective ETF - Local CIS with 100% investment in foreign equities as approved by the FSB 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. Any material change in the investment policy of the portfolio shall constitute an amendment of the Deed, and shall be subject to the provisions of clause 65 of the Deed, in which event investors shall be given reasonable notice to enable them to redeem their participatory interest prior to implementation of the change. Management db x-trackers (Proprietary) Ltd.   Sygnia Asset Management (Pty) Ltd.   Comparative Performance     Technical Overview Formation Date: 1 Apr 2008 JSE Code: SYGUS Benchmark: MSCI USA index Holdings: 598 Unit Holders: 1 Original Price: 1048 Pricing System: Forward Minimum Lump Sum: R1 000 Minimum Monthly: R300 Risk Rating: Low Medium   Dividend Yield Vertical lines represent dividends.   Dividend History (last 3 years) 11 Jul 2023 20.20c 10 Jan 2023 17.40c 12 Jul 2022 17.45c 11 Jan 2022 5.87c 13 Jul 2021 15.65c 7 Jan 2021 18.23c 9 Jul 2020 22.49c 16 Jan 2020 22.13c Fees TER (31 Dec 2020): 0.86% Perf Fee TER (31 Dec 2020): 0% Annual: 0.86% Performance:0.00%   Top Holdings on 30 Sep 2023 Share No Units Value (Rm) % of Fund APPLE 146 270 471.79 7.08% MICROSOFT 65 694 390.78 5.86% AMAZON.COM 85 803 205.49 3.08% NVIDIA 22 950 188.07 2.82% ALPHABETINCA 55 170 136.01 2.04% Totals   1 392.15 20.89%   Asset Allocation   Sectoral Breakdown Sygnia Itrix MSCI US Index ETF Price   Performance to 5 Dec 2023 R1 000 Lumpsum (NAV-NAV Incl. Dividends) Period Return Value(R) Inflation(R) 3 Months 0.23% 1 002.30 1 020.80 6 Months 5.80% 1 058.00 1 034.60 1 Year 26.16% 1 261.60 1 064.50 3 Years 15.26% 1 531.10 1 219.90 5 Years 19.42% 2 428.80 1 309.30 10 Years 17.65% 5 079.30 1 713.00   R100 per Month (NAV-NAV Incl. Dividends) Period Return Value(R) Inflation(R) 3 Months 8.14% 316.58 303.90 6 Months 7.74% 627.68 613.27 1 Year 20.91% 1 345.01 1 245.44 3 Years 14.97% 4 565.85 3 995.64 5 Years 15.82% 9 178.25 6 969.45 10 Years 15.61% 28 942.08 15 531.13 * 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 2023  ]