Satrix RAFI

This fund tracks the FTSE/JSE RAFI 40, a smart beta index ranking companies on fundamental measures.

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Satrix RAFI 40 ETF

JSE code: STXRAF  This ETF tracks the FTSE/JSE Rafi 40 index which is designed to include those companies best ranked on fundamental factors. It uses four fundamental measures when ranking a company: sales, cash flow, book value and dividends. This results in a fund which tends to have a "value strategy" as it identifies shares which offer value. RAFI stands for “Research Affiliates Fundamental Indexation”. Research Affiliates is a California-based financial services company that has registered the patent for fundamental indexation globally.

Investor Information

As On 29 Jun 2022

Net Asset Value per Satrix RAFI 40 ETF security R 19.9992
Distributable Amount per security 0.0012
Cash Contribution per Satrix RAFI 40 ETF basket R 11 722.29
Market Capitalisation of Satrix RAFI 40 ETF R 1 175 892 490.80
FTSE/JSE Satrix RAFI 40 ETF R 22 964.59
Total Expense Ratio 0.46%
Redemption Fee (if applicable and not waived) N/A

Index Composition

  • Basic Materials 34.00%
  • Financials 22.77%
  • Consumer Discretionary 10.46%
  • Consumer Staples 10.28%
  • Telecommunications 7.45%
  • Industrials 4.97%
  • Technology 4.79%
  • Health Care 2.09%
  • Real Estate 1.75%
  • Energy 1.45%

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 May 2022 Fund * Benchmark ** CPI Inflation ***
Unannualised:
Since Inception (Nov 2008) 388.91% 439.37% 94.09%
Annualised:
Since Inception 12.39% 13.21% 5.0%
Year to Date 7.85% 8.11% 2.7%
1 Year 25.3% 26.13% 6.12%
3 Years 14.02% 14.64% 4.43%
5 Years 11.49% 12.54% 4.43%
7 Years 8.86% 9.76% 4.82%
10 Years 10.68% 11.49% 5.04%
  • * 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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For all paper-based application forms please click here

Satrix RAFI 40 Index Fund

This unit trust tracks the FTSE/JSE Rafi 40 index which is designed to include those companies best ranked on fundamental factors. It uses four fundamental measures when ranking a company: sales, cash flow, book value and dividends. This results in a fund which tends to have a "value strategy" as it identifies shares which offer value. RAFI stands for “Research Affiliates Fundamental Indexation”. Research Affiliates is a California-based financial services company that has registered the patent for fundamental indexation globally.

Investor Information

As On 29 Jun 2022

Management Fee Direct to Retail Investor 0.60% + VAT
Management Fee via LISP 0.35% + VAT

Index Composition

  • Basic Materials 33.70%
  • Financials 22.56%
  • Consumer Discretionary 10.37%
  • Consumer Staples 10.19%
  • Telecommunications 7.39%
  • Industrials 4.92%
  • Technology 4.74%
  • Health Care 2.07%
  • Real Estate 1.73%
  • Energy 1.43%
  • Additional 0.88%

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

Fund Documentation

Document Type
Version
 
VIEW

For all paper-based application forms please click here