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Satrix Momentum
A fund that tracks the performance of JSE listed stocks that display positive momentum characteristics.
JSE code: STXMMT Satrix developed the proprietary Satrix Momentum Index which aims to capture the return of the equity market enhanced by the momentum risk premium i.e. a portfolio tilted toward shares that display positive momentum characteristics.
Why Choose Satrix Momentum
Investor Information As On 21 Nov 2024
| Net Asset Value per Satrix Momentum ETF security | R 14.4444 |
| Distributable Amount per security | 0.068 |
| Cash Contribution per Satrix Momentum ETF basket | R 40 100.00 |
| Market Capitalisation of Satrix Momentum ETF | R 135 959 724.63 |
| Satrix Momentum Index | 1 436.40 |
| Total Expense Ratio | 0.40% |
Index Composition
- Banks 22.77%
- Software & Computer Services 13.90%
- Precious Metals and Mining 13.52%
- Personal Care Drug and Grocery Stores 10.36%
- Retailers 9.69%
- Life Insurance 9.14%
- Food Producers 4.21%
- Nonlife Insurance 3.93%
- Investment Banking and Brokerage Service 3.89%
- Health Care Providers 3.59%
- Industrial Materials 3.46%
- Telecommunications Service Providers 1.30%
- Industrial Metals & Mining 0.26%
Satrix Momentum 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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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.
Performance Table
| 31 Oct 2024 | Fund * | Benchmark ** | CPI Inflation *** |
|---|---|---|---|
| Unannualized: | |||
| Since Inception (Dec 2018) | 82.16% | 90.14% | 12.61% |
| Annualized: | |||
| Since Inception | 10.67% | 11.47% | 4.75% |
| Year to Date | 17.35% | 17.98% | 3.02% |
| 1 Year | 29.62% | 30.53% | 2.93% |
| 3 Years | 10.99% | 11.76% | 5.47% |
| 5 Years | 8.94% | 9.72% | 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.
Select fund to compare:
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
Satrix developed the proprietary Satrix Momentum Index which aims to capture the return of the equity market enhanced by the momentum risk premium i.e. a portfolio tilted toward shares that display positive momentum characteristics.
Why Choose Satrix Momentum
Investor Information As On 21 Nov 2024
| Management Fee Direct to Retail Investor | 0.45% + VAT |
| Management Fee via LISP | 0.35% + VAT |
Index Composition
- Financials 39.72%
- Basic Materials 17.24%
- Consumer Staples 14.56%
- Technology 13.90%
- Consumer Discretionary 9.69%
- Health Care 3.59%
- Telecommunications 1.30%
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.