Satrix FINI

The fund invests in the 15 largest financial companies listed on the JSE, ranked by investable market cap.

Tax free savings accounts are available across all Satrix funds

ETFs or Unit Trusts

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Satrix FINI ETF

JSE code: STXFIN  If you're looking for concentrated financial sector exposure, then this is the ETF for you. The fund tracks the FTSE/JSE Financial 15 Index which includes the largest financial companies listed on the JSE, ranked by investable market cap. Distributions are made quarterly.

Investor Information

As On 03 Dec 2021

Net Asset Value per Satrix FINI ETF security R 14.0045
Distributable Amount per security 0.1079
Cash Contribution per Satrix FINI ETF Basket R 28 525.18
Market Capitalisation of Satrix FINI ETF R 913 411 120.20
FTSE/JSE Satrix Financial 15 Index R 13 890.36
Total Expense Ratio: 0.44%
Redemption Fee (if applicable and not waived) N/A

Index Composition

  • Banks 64.68%
  • Life Insurance 16.19%
  • Investment Banking and Brokerage Service 12.21%
  • Real Estate Investment Trusts 3.59%
  • Real Estate Investment & Serv 3.33%

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

Performance Table

31 Aug 2021 Fund * Benchmark ** CPI Inflation ***
Unannualised:
Since Inception (Mar 2002) 776.9% 855.46% 178.83%
Annualised:
Since Inception 11.78% 12.27% 5.4%
Year to Date 22.2% 22.64% 4.14%
1 Year 51.38% 52.22% 4.77%
3 Years -1.51% -0.97% 4.06%
5 Years 3.93% 4.44% 4.37%
7 Years 3.86% 4.34% 4.63%
10 Years 10.21% 10.75% 5.02%
  • * Returns are calculated for lump sum investments. All dividends reinvested on ex-date.
  • ** FTSE/JSE Top 40 Index total return index.
  • *** This is based on the latest CPI numbers.

Fund Documentation

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