Satrix Top 40

This fund tracks the performance of the FTSE/JSE Top 40 index which includes the 40 largest companies on the JSE, ranked by investable market cap.

Tax free savings accounts are available across all Satrix funds

ETFs or Unit Trusts

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Satrix 40 ETF

The Satrix 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.

Investor Information

As On 21 Sep 2018

Distributable Amount per security 0.6188
Cash Contribution per Satrix 40 ETF Basket R 74 479.30
Market Capitalisation of Satrix 40 ETF R 8 281 428 017.04
FTSE/JSE Top 40 Index R 50 397.19
Total Expense Ratio 0.18%
Redemption Fee (if applicable and not waived) N/A

Index Composition

  • Consumer Services 29.53%
  • Basic Materials 26.08%
  • Financials 21.58%
  • Consumer Goods 13.63%
  • Telecommunications 3.52%
  • Health Care 2.87%
  • Industrials 2.79%

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

Performance Table

31 Aug 2018 Fund * Benchmark ** CPI Inflation ***
Unannualised:
Since Inception (Dec 2000) 1010.06% 1063.33% 167.28%
Annualised:
1 Year 7.78% 7.94% 5.13%
3 Years 8.36% 8.73% 5.27%
5 Years 9.42% 9.87% 5.36%
7 Years 12.33% 12.82% 5.46%
10 Years 10.06% 10.53% 5.17%
Since Inception 14.52% 14.83% 5.7%
Year to Date 1.47% 1.55% 3.72%
  • * Returns are calculated for lump sum investments. All dividends reinvested on ex-date.
  • ** FTSE/JSE Top 40 Index total return index.
  • *** This is based on the latest CPI numbers.

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

Fund Documentation

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For all paper-based application forms please click here

Satrix Top 40 Index Fund

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.

Investor Information

As On 22 Sep 2018

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

Index Composition

  • Consumer Services 29.53%
  • Basic Materials 26.08%
  • Financials 21.58%
  • Consumer Goods 13.63%
  • Telecommunications 3.52%
  • Health Care 2.87%
  • Industrials 2.79%

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

Fund Documentation

Document Type
Version
 
VIEW

For all paper-based application forms please click here