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Satrix Local Bond
This fund tracks the performance of debt instruments publicly issued by the South Africa government for the domestic market, with maturities of one year or more.
JSE code: STXGOV This ETF tracks the S&P South Africa Sovereign Bond 1+ Year Index which includes rand denominated sovereign debt publicly issued by the South Africa government for the domestic market, with maturities of one year or more. Distributions are made quarterly.
Why Choose Satrix Local Bond
Investor Information As On 22 Nov 2024
| Net Asset Value per Satrix SA Bond ETF security | R 8.6351 |
| Distributable Amount per security | 0.3091 |
| Cash Contribution per Satrix SA Bond ETF basket | R 90 400.00 |
| Market Capitalisation of Satrix SA Bond ETF | R 923 792 384.32 |
| S&P South Africa Sovereign Bond 1+Year Index | 1 141.00 |
| Total Expense Ratio | 0.25% |
Index Composition
- Interest Bearing 12+ years 43.44%
- Interest Bearing 7 - 12 years 24.95%
- Interest Bearing 3 - 7 years 18.88%
- Interest Bearing 0 - 3 years 12.73%
Satrix Local Bond Fund Performance
STEP 1. CONTRIBUTION
STEP 2. FUND
STEP 3. YEAR
VALUE
Fund Price
The investment performance is for illustrative purposes only and is calculated by taking into account JSE closing prices. Past performance is not indicative of future performance.
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Satrix ETF performance indicator:
The graph represents price performance using JSE closing prices per Satrix security and is relevant to each Satrix ETF (product) as offered by Satrix. Performance is for illustrative purposes only and past performance is not indicative of future performance. An individual’s investment performance and the Portfolio NAV may differ from the indicators in the graph as a result of other factors such as brokerage fees, acquisition prices, portfolio costs, management fees, dividend declarations and reinvestment, and withholding taxes, where applicable.
Performance Table
| 31 Oct 2024 | Fund * | Benchmark ** | CPI Inflation *** |
|---|---|---|---|
| Unannualized: | |||
| Since Inception (Jun 2020) | 49.71% | 51.28% | 9.74% |
| Annualized: | |||
| Since Inception | 9.57% | 9.83% | 5.4% |
| Year to Date | 14.02% | 14.17% | 3.02% |
| 1 Year | 21.22% | 21.43% | 2.93% |
| 3 Years | 10.32% | 10.49% | 5.47% |
| 5 Years | 0.0% | 0.0% | 4.92% |
| 7 Years | 0.0% | 0.0% | 4.76% |
| 10 Years | 0.0% | 0.0% | 4.92% |
- * Returns are calculated for lump sum investments. All dividends reinvested on ex-date.
- ** The benchmark is a total return index.
- *** This is based on the latest CPI numbers.
Fund Comparison Tool
The investment performance is for illustrative purposes only and is calculated by taking into account JSE closing prices. Past performance is not indicative of future performance.
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Satrix ETF performance indicator:
The graph represents price performance using JSE closing prices per Satrix security and is relevant to each Satrix ETF (product) as offered by Satrix. Performance is for illustrative purposes only and past performance is not indicative of future performance. An individual’s investment performance and the Portfolio NAV may differ from the indicators in the graph as a result of other factors such as brokerage fees, acquisition prices, portfolio costs, management fees, dividend declarations and reinvestment, and withholding taxes, where applicable.
Effective Annual Cost
The Effective Annual Cost (EAC) is a measure which has been introduced to allow you to compare the cost you incur when you invest in different financial products. It is expressed as a percentage of your investment amount. The EAC is made up of four charges, which are added together, as shown in the table below. Some of the charges may vary, depending on your investment period. The EAC calculation assumes that an investor terminates his or her investment in the financial product at the end of the relevant periods shown in the table.
FUND
PLATFORM
CONTRIBUTION FREQUENCY
This unit trust tracks the performance of the JSE ALBI Index. The ALBI Index is a composite index containing the top 20 vanilla bonds ranked dually by liquidity and market capitalisation. Only conventional listed vanilla bonds, with a fixed, even if zero, semi-annual coupon occur in the index. Bonds with a term less than one year are excluded.
Why Choose Satrix Local Bond
Investor Information As On 22 Nov 2024
| Management Fee Direct to Retail Investor | 0.45% + VAT |
| Management Fee via LISP | 0.25% + VAT |
Index Composition
- 100.00%
Effective Annual Cost
The Effective Annual Cost (EAC) is a measure which has been introduced to allow you to compare the cost you incur when you invest in different financial products. It is expressed as a percentage of your investment amount. The EAC is made up of four charges, which are added together, as shown in the table below. Some of the charges may vary, depending on your investment period. The EAC calculation assumes that an investor terminates his or her investment in the financial product at the end of the relevant periods shown in the table.