Media release: Satrix wins People’s Choice Award for sixth time at SALTA

Trophy tally of nine for 2023  

South Africa, 30 March 2023: Satrix, South Africa's leading provider of index-tracking products, has scooped nine awards at the annual South African Listed Tracker Funds Awards (SALTA) held at the Johannesburg Stock Exchange (JSE) in Sandton on 30 March 2023. The wins - which again make Satrix the most awarded company at the SALTAs - include the coveted People’s Choice award for the sixth time as well as wins for capital raising and performance over three, five and 10 year periods.

Fikile Mbhokota, CEO of Satrix, says this recognition has solidified Satrix’s continued role as the country’s leading indexation investment business. “Our team has worked tirelessly to make investing accessible and affordable for all South Africans, regardless of portfolio size. These wins are a testament to the hard work and time our exceptionally talented team have invested into helping our clients achieve their financial goals – helping them pave the way for their financial success.”

She said, “Winning the SALTA People’s Choice award for the sixth consecutive year is such an honour and testament to the popularity of South Africa’s first and favourite ETF. We are both delighted and honoured to have received so many votes as this demonstrates the trust clients have placed in Satrix to help fulfil their investment goals.”

Mbhokota further noted that Satrix's commitment to financial inclusion aligns with the SALTA 2023 awards' objective of rewarding exceptional ETF products that contribute to the growth of South Africa's investment industry. 

Turning to the performance and capital raising awards Kingsley Williams, Satrix chief investment officer, said the awards highlight the wide range of investment opportunities that Satrix brings to market for the South African investor.  “The awards for inflows show that our funds are resonating with institutional and retail investors and attracting capital. The diverse sources that our inflows come from show the growing interest and confidence in our indexation products.”

The SALTA Awards, now in its sixth year, is an initiative by independent service providers to the ETF industry in South Africa to recognise issuers that provide outstanding index-tracking products to the local market. It assesses total investment returns and rewards issuers' abilities in providing passive ETF products. 

The organisers measure skills through:

• Efficiency in tracking indices (tracking error) over three years.
• Success in raising new capital through ETF listings on the JSE over one and three years. 
• Trading efficiency over three years.
• A “People’s Award”, for the favourite exchange-traded products (ETP), selected by public votes through a dedicated website.
• A “People’s Champion Award” for the best ETF portfolio selection by the public.

The Satrix Top 40 ETF has been a flagship fund since its first listing, providing investors with local equity exposure at the lowest cost in the market, however the breadth of awards, which include Satrix’s sector focussed funds demonstrate the company’s success across the spectrum of opportunities in the ETF space. 

“We remain deeply committed to giving as many South Africans as possible the opportunity to grow their wealth and ‘own the market’ through initiatives like our ‘no minimums’ investing and affordable and easy-to-access SatrixNOW platform. These efforts make it easier for everyone, no matter their level of understanding, to start their investment journey and take control of their financial futures,” concluded Mbhokota. 

Satrix’s full list of SALTA 2023 wins is as follows:

Total Investment Return – 10 Years

SA ETPs – Satrix Capped INDI ETF

SA Equity ETPs – Satrix RESI ETF

Total Investment Return – 5 Years

Foreign Equity ETPs - Satrix S&P 500 Feeder ETF

Total Investment Return – 3 Years

SA Equity ETPs – Satrix RESI ETF

Tracking Error

SA Non-Equity ETPs – Satrix SA Property ETF

Trading Efficiency

SA Equity ETPs – Satrix RESI ETF

Capital Raising – 3 Years

SA Equity ETPs – Satrix 40 ETF

ETP Issuing House

Satrix Managers 

People’s Choice

Satrix Top 40 ETF

About Satrix 

Satrix is the leading provider of index-tracking investment products and exchange-traded funds (ETFs) in South Africa, with over R160 billion in assets under management invested in the range of ETFs, index-tracking unit trusts, life pooled and segregated portfolios that are specifically tailored for client-specific mandates or retail funds. 

It pioneered index investing in South Africa, launching the flagship Satrix 40 ETF as the first locally listed ETF in November 2000. The business services the institutional, intermediary, and individual investor markets. Satrix has proven expertise in risk management, portfolio analysis and index construction.

A core part of the Satrix purpose is to drive the democratisation of investments for all South Africans, where SatrixNOW, the no-minimum amount online investing platform, is a key enabler to provide access for South Africans to “Own the Market”.

Satrix holds the largest market share in the ETF industry in South Africa at nearly 30% and was the most successful raiser of new capital in 2021, at R4.7 billion. Additionally, the multi-award-winning business has grown assets under management by 50% since the beginning of 2020, under some of the most challenging market conditions in history. 

Visit www.satrix.co.za

About SALTA

The South African Listed Tracker Awards (SALTA) is running for the 6^th year in 2023. SALTA is an initiative by service providers to the exchange-traded fund (ETF) industry in South Africa (who are not issuers themselves), to reward issuers for exceptional products provided to the South African market. The JSE, Refinitiv (an LSEG business), Profile Data and 

etfSA are the sponsors and organisers of these awards. They recognise the best total investment returns over the last one to five years in various categories and look to reward skills in providing index-tracking ETFs for the investment industry.

Satrix full SALTA trophy awards list:

2022

People’s Choice, Favourite ETF by public vote: Satrix 40 ETF

Best Total Return Performance, SA Equity, 10 years: Satrix Capped INDI ETF

Best Total Return Performance, SA Equity, 5 years: Satrix RESI ETF

Best Total Return Performance, SA Equity 3 years: Satrix RESI ETF

Best Tracking Efficiency, SA Non-Equity, 3 years: Satrix Property ETF

Best Capital Raising, SA Equity, 3 years: Satrix 40 ETF

Best Capital Raising, Foreign Equity, 3 years: Satrix MSCI World Feeder ETF

Best Capital Raising, ETF Issuing House, 3 years: Satrix Managers

Best Trading Efficiency, SA Equity, 3 years: Satrix RESI ETF

2021

People’s Choice, Favourite ETF by public vote: SATRIX 40 ETF

Best Total Return Performance, SA Equity, 10 years: SATRIX Capped INDI ETF

Best Total Return Performance, SA Equity, 5 years: SATRIX RESI ETF

Best Total Return Performance, SA Equity 3 years: SATRIX RESI ETF

Best Tracking Efficiency, SSA Non-Equity, 3 years: SATRIX PROPERTY ETF

Best Capital Raising, Foreign & Commodity, 3 years: SATRIX MSCI WORLD ETF

Best Capital Raising, ETF Issuing House, 3 years: SATRIX MANAGERS

Best Capital Raising, Foreign ETFs, 1 year: SATRIX MSCI CHINA ETF

Best Capital Raising, ETF Issuing House, 1 year: SATRIX MANAGERS

Best Trading Efficiency, Foreign & Commodity, 3 years: SATRIX S&P 500 ETF

2020

People’s Choice, Favourite ETF by public vote: SATRIX 40 ETF

Best Total Return Performance, SA Equity, 10 years: SATRIX Capped INDI ETF

Best Total Return Performance, SA Equity, 3 years: SATRIX RESI ETF

Best Trading Efficiency, SA, 3 years: SATRIX RESI ETF

Best Capital Raising, SA, 3 years: SATRIX 40 ETF

Best Capital Raising, ETF Issuing House, 3 years: SATRIX MANAGERS

Best Capital Raising, SA, 1 year: SATRIX 40 ETF

2019

People’s Choice, Favourite ETF by public vote: SATRIX 40 ETF

Best Total Return Performance, SA Equity, 3 years: SATRIX RESI 10 ETF

Best Capital Raising, ETF Issuing House, 1 year: SATRIX MANAGERS

Best Trading Efficiency, Overall: SATRIX RESI 10 ETF 

2018

People’s Choice, Favourite ETF by public vote: SATRIX 40 ETF

Best Trading Efficiency, Overall: SATRIX RESI 10 ETF

Best Total Return Performance, SA Equity, 1 year: SATRIX FINI ETF

Disclosure

Satrix Investments (Pty) Ltd is an approved FSP in term of the Financial Advisory and Intermediary Services Act (FAIS). The information does not constitute advice as contemplated in FAIS. Use or rely on this information at your own risk. Consult your Financial Adviser before making an investment decision.

While every effort has been made to ensure the reasonableness and accuracy of the information contained in this document (“the information”), the FSP’s, its shareholders, subsidiaries, clients, agents, officers and employees do not make any representations or warranties regarding the accuracy or suitability of the information and shall not be held responsible and disclaims all liability for any loss, liability and damage whatsoever suffered as a result of or which may be attributable, directly or indirectly, to any use of or reliance upon the information. 

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