Satrix Low Volatility ETF
South African--Equity--General
Focus and Objective The NewFunds Low Volatility Equity ETF ("the Portfolio") is aimed at providing an Investor with diversified exposure to 20 highly liquid constituent securities in the South African equity market that exhibit the lowest volatility as well as a low beta to the market in their performance by tracking the Absa Wits Risk-Controlled SA Low Volatility Index ("the Low Volatility Index"), where the constituent security's weights in the Low Volatility Index is determined by applying an equal risk contribution weighting scheme. The Low Volatility Index was created by Absa Bank Limited ("Absa") in collaboration with Wits University using their Findata@WitsŪ database. The ETF is total return in nature therefore all dividends and income received in the Portfolio is reinvested at each income distribution date. Management NewFunds (Pty) Ltd.   Comparative Performance     Technical Overview Formation Date: 26 Mar 2018 JSE Code: STXLVL Benchmark: Absa Wits Risk-Controlled SA Low Volatility Index Holdings: n/a Unit Holders: n/a Original Price: n/a Pricing System: Forward Minimum Lump Sum: n/a Minimum Monthly: n/a Fees TER (30 Jun 2023): 0.51% Perf Fee TER (30 Jun 2023): 0% Annual: 0.51% Performance: n/a   Top Holdings on 30 Sep 2023 Share No Units Value (Rm) % of Fund AB INBEV 10 355 10.85 8.60% MONDIPLC 29 760 9.41 7.46% OUTSURE 205 762 8.80 6.97% OMNIA 135 198 7.62 6.04% NETCARE 540 436 7.30 5.78% Totals   43.98 34.86%   Asset Allocation   Sectoral Breakdown Satrix Low Volatility ETF Price   Performance to 5 Dec 2023 R1 000 Lumpsum (NAV-NAV Incl. Dividends) Period Return Value(R) Inflation(R) 3 Months 3.84% 1 038.40 1 020.80 6 Months 10.37% 1 103.70 1 034.60 1 Year 4.91% 1 049.10 1 064.50 3 Years 6.87% 1 220.50 1 219.90 5 Years 2.99% 1 158.60 1 309.30   R100 per Month (NAV-NAV Incl. Dividends) Period Return Value(R) Inflation(R) 3 Months 6.05% 312.26 303.90 6 Months 6.54% 623.32 613.27 1 Year 8.22% 1 254.80 1 245.44 3 Years 5.59% 3 928.03 3 995.64 5 Years 4.28% 6 701.79 6 969.45 * 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  Back to Top ProfileData has taken care in preparing this information but does not accept any liability for errors or out-of-date information.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 2024  ]