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Satrix Quality

A fund that tracks the performance of JSE listed stocks that display positive Quality characteristics.



JSE code: STXQUA Satrix developed the proprietary Satrix Quality Index which aims to capture the return of the equity market enhanced by the quality risk premium i.e. a portfolio tilted toward shares that display positive Quality characteristics.

Why Choose Satrix Quality


Offers exposure to the Quality factor, which has delivered higher returns in the long-term by investing in companies that score high in Profitability and Balance Sheet quality.Provides diversification benefits when combined with other factor strategiesSingle factor strategies, like Satrix Quality, 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 23 Apr 2024


Net Asset Value per Satrix Quality South Africa ETF security R 7.8356
Distributable Amount per security 0.1403
Cash Contribution per Satrix Quality South Africa ETF basket R 79 550.00
Market Capitalisation of Satrix Quality South Africa ETF R 145 199 553.11
Satrix Quality Index 142.50
Total Expense Ratio per Satrix Quality South Africa ETF basket 0.39%

Index Composition


  • Banks 21.80%
  • Precious Metals and Mining 11.48%
  • Software & Computer Services 10.44%
  • Retailers 9.66%
  • Telecommunications Service Providers 9.42%
  • Personal Care Drug and Grocery Stores 9.01%
  • Industrial Metals & Mining 8.56%
  • Oil & Gas and Coal 7.12%
  • General Industrials 3.09%
  • Life Insurance 2.59%
  • Nonlife Insurance 2.48%
  • Investment Banking and Brokerage Service 2.27%
  • Food Producers 1.54%
  • Personal Goods 0.33%
  • Finance and Credit Services 0.21%

Satrix Quality Fund Performance

STEP 1. CONTRIBUTION

STEP 2. FUND

STEP 3. YEAR

Select the year of investment

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 2017) 35.36% 40.91% 16.79%
Annualized:
Since Inception 4.77% 5.42% 5.03%
Year to Date -6.34% -6.23% 2.04%
1 Year 9.48% 10.61% 5.5%
3 Years 1.88% 2.59% 6.18%
5 Years 3.47% 4.13% 5.17%
7 Years 0.0% 0.0% 4.88%
10 Years 0.0% 0.0% 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.

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



Satrix developed the proprietary Satrix Quality Index which aims to capture the return of the equity market enhanced by the quality risk premium i.e. a portfolio tilted toward shares that display positive Quality characteristics.

Why Choose Satrix Quality


Offers exposure to the Quality factor, which has delivered higher returns in the long-term by investing in companies that score high in Profitability and Balance Sheet quality.Provides diversification benefits when combined with other factor strategiesSingle factor strategies, like Satrix Quality, 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 23 Apr 2024


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

Index Composition


  • Financials 29.35%
  • Basic Materials 20.04%
  • Consumer Staples 10.55%
  • Technology 10.44%
  • Consumer Discretionary 9.99%
  • Telecommunications 9.42%
  • Energy 7.12%
  • Industrials 3.09%

Satrix Quality 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