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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
Investor Information As On 19 Apr 2024
| Net Asset Value per Satrix 40 ETF security | R 68.3526 |
| Distributable Amount per security | 1.122 |
| Cash Contribution per Satrix 40 ETF Basket | R 112 180.00 |
| Market Capitalisation of Satrix 40 ETF | R 12 877 073 360.55 |
| FTSE/JSE Top 40 Index | 67 189.70 |
| Total Expense Ratio | 0.10% |
Index Composition
- Banks 20.65%
- Software & Computer Services 16.43%
- Precious Metals and Mining 16.34%
- Industrial Metals & Mining 8.42%
- Personal Care Drug and Grocery Stores 6.69%
- Life Insurance 4.48%
- Telecommunications Service Providers 4.22%
- Personal Goods 3.51%
- Tobacco 3.09%
- General Industrials 3.07%
- Investment Banking and Brokerage Service 2.49%
- Chemicals 1.93%
- Retailers 1.90%
- Beverages 1.81%
- Pharmaceuticals & Biotechnology 1.79%
- Real Estate Investment & Serv 1.48%
- Oil & Gas and Coal 0.95%
- Real Estate Investment Trusts 0.75%
Satrix Top 40 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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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 (Dec 2000) | 1649.7% | 1750.49% | 40.44% |
| Annualized: | |||
| 1 Year | 0.11% | 0.27% | 5.5% |
| 3 Years | 7.8% | 7.98% | 6.18% |
| 5 Years | 9.98% | 10.19% | 5.17% |
| 7 Years | 9.52% | 9.71% | 4.88% |
| 10 Years | 7.9% | 8.17% | 5.06% |
| Since Inception | 13.05% | 13.32% | 5.54% |
| Year to Date | -2.3% | -2.27% | 2.04% |
- * 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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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
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
Investor Information As On 19 Apr 2024
| Annual Management Fee (Direct) | 0.45% + VAT |
| Annual Management Fee (via LISP) | 0.25% + VAT |
Index Composition
- Financials 27.51%
- Basic Materials 26.59%
- Technology 16.37%
- Consumer Staples 11.54%
- Consumer Discretionary 5.39%
- Telecommunications 4.21%
- Industrials 3.06%
- Real Estate 2.22%
- Health Care 1.78%
- Energy 0.95%
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.