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Satrix DIVI
You're looking for the stocks most likely to pay higher dividends. Tracks 30 JSE-listed companies expected to pay the best normal dividends in the coming year.
JSE code: STXDIV The Satrix Divi ETF tracks the FTSE/JSE Dividend Plus Index and should appeal to investors seeking to maximise yield within an equity investment strategy. The index consists of 30 companies that are expected to pay the best normal dividends over the forthcoming year. The selection of the 30 shares is therefore not based on the market capitalisation of the shares, but rather the ability of the company to pay superior dividends. This ETF will have a low correlation with other indices on the JSE and for this reason is an ideal product for diversifying investment portfolios.
Why Choose Satrix DIVI
Investor Information As On 19 Apr 2024
| Net Asset Value per Satrix DIVI ETF security | R 2.4788 |
| Distributable Amount per security | 0.0646 |
| Cash Contribution per Satrix DIVI ETF Basket | R 64 900.00 |
| Market Capitalisation of Satrix DIVI ETF | R 1 609 688 571.84 |
| FTSE/JSE Dividend Plus Index | 240.90 |
| Total Expense Ratio: | 0.41% |
Index Composition
- Banks 21.16%
- Industrial Metals & Mining 14.54%
- Oil & Gas and Coal 10.61%
- Retailers 8.98%
- Precious Metals and Mining 6.75%
- Life Insurance 6.58%
- Chemicals 6.40%
- Tobacco 5.05%
- Food Producers 5.00%
- Telecommunications Service Providers 3.66%
- Investment Banking and Brokerage Service 3.56%
- Health Care Providers 3.06%
- Industrial Materials 2.95%
- General Industrials 1.69%
Satrix DIVI 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 Mar 2024 | Fund * | Benchmark ** | CPI Inflation *** |
|---|---|---|---|
| Unannualized: | |||
| Since Inception (Oct 2007) | 308.1% | 349.7% | 38.4% |
| Annualized: | |||
| Since Inception | 8.9% | 9.54% | 5.6% |
| Year to Date | -9.54% | -9.48% | 2.04% |
| 1 Year | -6.04% | -5.93% | 5.5% |
| 3 Years | 5.28% | 5.84% | 6.18% |
| 5 Years | 6.27% | 6.93% | 5.17% |
| 7 Years | 8.14% | 8.78% | 4.88% |
| 10 Years | 6.56% | 7.15% | 5.06% |
- * 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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Select date range:
Start date :
End date :
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
The Satrix Dividend Plus Index Fund unit trust tracks the FTSE/JSE Dividend Plus index and should appeal to investors seeking to maximise yield within an equity investment strategy. The index consists of 30 companies that are expected to pay the best normal dividends over the forthcoming year. The selection of the 30 shares is therefore not based on the market capitalisation of the shares, but rather the ability of the company to pay superior dividends.
Why Choose Satrix DIVI
Investor Information As On 20 Apr 2024
| Management Fee Direct to Retail Investor | 0.45% + VAT |
| Management Fee via LISP | 0.25% + VAT |
Index Composition
- Financials 31.30%
- Basic Materials 30.65%
- Energy 10.61%
- Consumer Staples 10.05%
- Consumer Discretionary 8.98%
- Telecommunications 3.66%
- Health Care 3.06%
- Industrials 1.69%
Satrix DIVI Fund Performance
STEP 1. CONTRIBUTION
STEP 2. FUND
STEP 3. YEAR
VALUE
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.