| Focus and Objective |
To track the RAFI 40 Total Return index as closely as possible by holding in the portfolio securities in the same weighting as they are included in the RAFI 40 Total Return index.
The portfolio must hold the index constituent securities at all times, but on a temporary basis, and for market illiquidity purposes, cash or liquid financial instruments can be held in such circumstances.
The Satrix RAFI is also a total return product, which means that all dividends (less costs) are reinvested in the portfolio by way of the purchase of further constituent securities.
The Satrix RAFI securities can be purchased through the Satrix Investment Plan as below, or can be transacted with a JSE member stockbroker.
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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: |
16 Oct 2008 |
| JSE Code (A): |
STXRAF |
| Benchmark: |
FTSE/JSE RAFI 40 (J260T) |
| Holdings: |
42 |
| Unit Holders: |
1 |
| Original Price: |
434 |
| 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) |
| 10 Apr 2018 |
10.30c |
| Fees |
| TER, Class-A (31 Dec 2020): |
0.49% |
| Perf Fee TER, Class-A (31 Dec 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 31 Dec 2020 |
| Share |
No Units |
Value (Rm) |
% of Fund |
| ANGLO |
172 306 |
83.57 |
9.85% |
| BHP |
213 084 |
82.90 |
9.77% |
| RICHEMONT |
622 899 |
81.66 |
9.62% |
| STANBANK |
353 863 |
44.97 |
5.30% |
| MONDIPLC |
102 346 |
35.12 |
4.14% |
| Totals |
|
328.22 |
38.68% |
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Asset Allocation |
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Sectoral Breakdown |
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