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Satrix RAFI

Like Warren Buffet, you pick stocks that are good value for money. This fund includes 40 companies best ranked on fundamental factors like: sales, cash flow, book value and dividends.



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.

Why Choose Satrix RAFI


Attractive valuations which provide a measure of downside protection and offers exposure to the value risk premium which has delivered higher returns in the long-termCreates diversification benefits when paired with other equity styles like momentumLower management fees which means more return for youSingle factor strategies, like the Satrix RAFI, offer an effective means of gaining exposure to a particular factor or style in order to compliment or offset other exposures, and should form part of a well-diversified portfolio.

Investor Information As On 19 Apr 2024


Net Asset Value per Satrix RAFI 40 ETF security R 22.4757
Distributable Amount per security 0.3826
Cash Contribution per Satrix RAFI 40 ETF basket R 77 580.00
Market Capitalisation of Satrix RAFI 40 ETF R 1 170 473 249.72
FTSE/JSE Rafi 40 Index 26 466.70
Total Expense Ratio 0.51%

Index Composition


  • Precious Metals and Mining 18.71%
  • Industrial Metals & Mining 18.08%
  • Banks 17.19%
  • General Industrials 6.29%
  • Software & Computer Services 6.26%
  • Tobacco 4.66%
  • Chemicals 4.45%
  • Telecommunications Service Providers 4.22%
  • Personal Care Drug and Grocery Stores 4.08%
  • Life Insurance 4.02%
  • Retailers 2.89%
  • Investment Banking and Brokerage Service 1.80%
  • Real Estate Investment Trusts 1.51%
  • Beverages 1.33%
  • Pharmaceuticals & Biotechnology 1.25%
  • Personal Goods 1.17%
  • Real Estate Investment & Serv 1.11%
  • Oil & Gas and Coal 0.97%

Satrix RAFI Fund Performance

STEP 1. CONTRIBUTION

STEP 2. FUND

STEP 3. YEAR

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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 (Nov 2008) 404.62% 460.89% 37.6%
Annualized:
Since Inception 11.07% 11.83% 5.16%
Year to Date -2.57% -2.41% 2.04%
1 Year -1.24% -0.53% 5.5%
3 Years 11.09% 11.71% 6.18%
5 Years 8.61% 9.17% 5.17%
7 Years 8.62% 9.5% 4.88%
10 Years 6.93% 7.71% 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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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.

Fund Documentation

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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 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.

Why Choose Satrix RAFI


Attractive valuations which provide a measure of downside protection and offers exposure to the value risk premium which has delivered higher returns in the long-termCreates diversification benefits when paired with other equity styles like momentumLower management fees which means more return for youSingle factor strategies, like the Satrix RAFI, offer an effective means of gaining exposure to a particular factor or style in order to compliment or offset other exposures, and should form part of a well-diversified portfolio.

Investor Information As On 20 Apr 2024


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

Index Composition


  • Basic Materials 41.24%
  • Financials 23.02%
  • Consumer Staples 10.06%
  • Industrials 6.29%
  • Technology 6.26%
  • Telecommunications 4.22%
  • Consumer Discretionary 4.06%
  • Real Estate 2.63%
  • Health Care 1.25%
  • Energy 0.97%

Satrix RAFI Fund Performance

STEP 1. CONTRIBUTION

STEP 2. FUND

STEP 3. YEAR

Select the year of investment

VALUE

Fund Documentation

DOCUMENT TYPE
VERSION
 
View


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