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Satrix Top 40

The 40 largest JSE companies ranked by investable market cap.



JSE code: STX40 The Satrix Top 40 ETF tracks the performance of the FTSE/JSE Top 40 Index which includes the 40 largest companies on the JSE, ranked by investable market cap. The ETF aims to accurately replicate the index by holding all constituents in the exact index weighting. Distributions are made quarterly.

Why Choose Satrix Top 40


Invests in the largest and most established companies listed on the JSELower management fees which means more return for youCaptures the majority of the SA equity market performanceCost effective building block for those doing their own asset allocation

Investor Information As On 06 Dec 2024


Net Asset Value per Satrix 40 ETF security R 78.7336
Distributable Amount per security 0.3887
Cash Contribution per Satrix 40 ETF Basket R 40 500.00
Market Capitalisation of Satrix 40 ETF R 14 958 761 680.29
FTSE/JSE Top 40 Index 78 286.30
Total Expense Ratio 0.10%

Index Composition


  • Banks 25.16%
  • Software & Computer Services 17.93%
  • Precious Metals and Mining 11.65%
  • Personal Care Drug and Grocery Stores 7.22%
  • Industrial Metals & Mining 6.66%
  • Life Insurance 5.76%
  • Telecommunications Service Providers 3.98%
  • Retailers 3.81%
  • Tobacco 3.20%
  • Personal Goods 2.72%
  • General Industrials 2.68%
  • Investment Banking and Brokerage Service 2.66%
  • Real Estate Investment & Serv 1.51%
  • Beverages 1.30%
  • Pharmaceuticals & Biotechnology 1.21%
  • Chemicals 0.98%
  • Real Estate Investment Trusts 0.81%
  • Oil & Gas and Coal 0.75%

Satrix Top 40 Fund Performance

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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


30 Nov 2024 Fund * Benchmark ** CPI Inflation ***
Unannualized:
Since Inception (Dec 2000) 1891.69% 2010.34% 40.21%
Annualized:
1 Year 12.73% 13.01% 3.37%
3 Years 9.69% 9.88% 5.42%
5 Years 12.89% 13.12% 4.98%
7 Years 8.73% 8.91% 4.8%
10 Years 8.83% 9.09% 4.96%
Since Inception 13.28% 13.55% 5.43%
Year to Date 11.21% 11.46% 3.37%
  • * 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.

**** Annualised return is the weighted average compound growth rate over the period measured.

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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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



The Satrix 40 fund tracks the performance of the FTSE/JSE Top 40 Index which represents the 40 largest companies by market cap. It endeavours to accurately replicate the index by holding all constituents in the exact index weighting. The index is rebalanced quarterly and the fund therefore incurs minimal trading fees as a result of low turnover. This fund is ideal for investors who seek general market performance while minimising trading costs.

Why Choose Satrix Top 40


Invests in the largest and most established companies listed on the JSELower management fees which means more return for youCaptures the majority of the SA equity market performanceCost effective building block for those doing their own asset allocation

Investor Information As On 07 Dec 2024


Annual Management Fee (Direct) 0.45% + VAT
Annual Management Fee (via LISP) 0.25% + VAT

Index Composition


  • Financials 33.53%
  • Basic Materials 19.26%
  • Technology 17.91%
  • Consumer Staples 11.71%
  • Consumer Discretionary 6.52%
  • Telecommunications 3.98%
  • Industrials 2.67%
  • Real Estate 2.32%
  • Health Care 1.21%
  • Energy 0.75%

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