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Satrix Value Equity

This fund offers diversified exposure to highly liquid mid- and large cap securities in the South African equity market that exhibit attractive value characteristics (low price-to-earnings, EV to EBITDA and price-to-book ratios). The fund is risk-controlled to the FTSE/JSE Capped SWIX Index.



JSE code: STXVEQ. The Satrix Value Equity ETF provides diversified exposure to highly liquid mid- and large-cap South African listed equities that have attractive valuation attributes. This can be in the form of low price-to-earnings, EV to EBITDA or price-to-book ratios. The index is rebalanced bi-annually in March and September using an optimization process that captures the desired value 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 Value Equity


Offers you diversified exposure to mid- and large cap South African equities that exhibit attractive value characteristics.Transparency in harvesting the Value premium, shown in the literature to deliver outperformance over the medium to longer term.Lower management fees which means more return for youThis fund is a cost effective building block with exposure to Value stocks if you are doing your own asset allocation 

Investor Information As On 24 May 2024


Net Asset Value per Satrix Value Equity ETF security R 14.8048
Distributable Amount per security 0.2652
Cash Contribution per Satrix Value Equity ETF basket R 142 800.00
Market Capitalisation of Satrix Value Equity ETF R 85 919 264.21
Total Expense Ratio 0.51%

Index Composition


  • Banks 21.88%
  • Software & Computer Services 14.05%
  • Telecommunications Service Providers 13.34%
  • Precious Metals and Mining 13.32%
  • Investment Banking and Brokerage Service 8.00%
  • Industrial Metals & Mining 7.47%
  • Oil & Gas and Coal 7.41%
  • Tobacco 7.35%
  • Life Insurance 4.40%
  • Retailers 1.55%
  • General Industrials 1.22%

Satrix Value Equity 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 6.17% 7.58% 213.28%
Year to Date 0.86% 1.51% 2.22%
1 Year 7.6% 9.37% 5.3%
3 Years 13.8% 15.81% 6.01%
5 Years 7.08% 8.55% 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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