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Satrix Low Volatility

This fund offers diversified exposure to highly liquid mid- and large cap securities in the South African equity market that exhibit attractive low-volatility characteristics (low price realised volatility and stable earnings and sales growth). The fund is risk-controlled to the FTSE/JSE Capped SWIX Index.



JSE code: STXLVL. The Satrix Low Volatility Equity ETF provides diversified exposure to highly liquid mid- and large-cap South African listed equities that have attractive low-volatility attributes. Low-volatility is measured as a combination of price stability and stable sales and earnings growth numbers. The index is rebalanced quarterly in line with the FTSE/JSE index rebalances and uses an optimization process that targets the desired low-volatility attributes while reducing risk concentration. Constraints, such as turnover limits and single stock and sector exposure limits, are also used to reduce overall costs and help ensure risk diversification.

Why Choose Satrix Low Volatility


Offers you diversified exposure to mid- and large cap South African equities that exhibit attractive low volatility characteristics.Investors can expect to comound more over time by losing less. The index aims to share in market upswings roughly in line with the benchmark index, while reducing its share of market downturns.Lower management fees which means more return for youThis fund is a cost effective building block with exposure to stable stocks if you are doing your own asset allocation 

Investor Information As On 24 May 2024


Market Capitalisation of Satrix Low Volatility ETF R 11.3076
Distributable Amount per security 0.0864
Cash Contribution per Satrix Low Volatility R 52 550.00
Market Capitalisation of Satrix Low Volatility ETF R 17 988 060.42
Total Expense Ratio 0.51%

Index Composition


  • Banks 17.10%
  • Software & Computer Services 11.29%
  • Personal Care Drug and Grocery Stores 10.37%
  • Industrial Metals & Mining 8.80%
  • General Industrials 8.74%
  • Investment Banking and Brokerage Service 8.71%
  • Tobacco 5.59%
  • Precious Metals and Mining 5.24%
  • Retailers 4.39%
  • Beverages 3.62%
  • Life Insurance 3.56%
  • Telecommunications Service Providers 3.47%
  • Nonlife Insurance 3.32%
  • Food Producers 3.17%
  • Health Care Providers 1.00%
  • Oil & Gas and Coal 0.94%
  • Chemicals 0.38%
  • Personal Goods 0.34%

Satrix Low Volatility Fund Performance

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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 Apr 2024 Fund * Benchmark ** CPI Inflation ***
Unannualized:
Annualized:
Since Inception 1.52% 3.13% 487.1%
Year to Date -1.76% -0.79% 2.22%
1 Year 4.4% 6.5% 5.3%
3 Years 5.79% 8.11% 6.01%
5 Years 1.85% 3.66% 5.08%
7 Years 0.0% 0.0% 4.89%
10 Years 0.0% 0.0% 5.03%
  • * 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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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.


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