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JSE code: STXNAM. The Satrix S&P Namibia Bond ETF replicates the total return version of the S&P Namibia Sovereign Bond 1+ year Top 10 Index in local currency of the Republic of Namibia. The index comprises of 10 bonds issued by the Namibian government and is a subset of the full Namibia Sovereign Bond Index. On a monthly basis, all coupons received are reinvested into the fund to increase the net asset value of the portfolio and thus increase the value of each unit. The Satrix S&P Namibia Bond ETF can act as a building block for investors to use when constructing their own portfolios. The ETF is listed on both the Namibian Stock Exchange (NSX) and the Johannesburg Stock Exchange (JSE). Previously known as “NewFunds S&P Namibia Bond ETF”.
Why Choose Satrix S&P Namibia Bond
Investor Information As On 22 Nov 2024
| Net Asset Value per Satrix S&P Namibia Bond ETF security | R 23.5222 |
| Distributable Amount per security | 0.2843 |
| Cash Contribution per Satrix S&P Namibia Bond ETF basket | R 8 480.00 |
| Market Capitalisation of Satrix S&P Namibia Bond ETF | R 604 574 336.23 |
| Total Expense Ratio | 0.12% |
Index Composition
- Interest Bearing 12+ years 44.48%
- Interest Bearing 7 - 12 years 22.61%
- Interest Bearing 0 - 3 years 20.93%
- Interest Bearing 3 - 7 years 11.97%
Satrix S&P Namibia 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: | |||
| Annualized: | |||
| Since Inception | 11.01% | 11.57% | 1539.09% |
| Year to Date | 11.41% | 12.8% | 3.02% |
| 1 Year | 15.5% | 17.32% | 2.93% |
| 3 Years | 12.66% | 13.62% | 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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Start date :
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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.