Satrix is the largest Exchange Traded Fund (ETF) provider in the Africa Middle East region based on assets under management. Satrix Exchange Traded Funds give you access to equity asset classes and a host of sector specific indices.
Selection of available Satrix Exchange Traded Funds
Satrix 40 ETF
Satrix 40 accurately replicates the FTSE/JSE Top 40 index, by holding the exact weighting and number of shares that constitute this index. Dividends paid by the top forty companies, less expenses incurred by managing the portfolio, are paid out to Satrix 40 shareholders on a quarterly basis. In this way the holders of Satrix 40 securities replicate the total performance (capital plus dividend yield) of the top 40 companies listed on the JSE.
Satrix DIVI ETF
The Satrix Divi portfolio will invest in the FTSE/JSE Dividend Plus Index. This consists of 30 companies, selected from the JSE Top 40 and Mid-Cap indices, which are expected to pay the best normal dividends over the forthcoming year. The high yield nature of the Satrix Divi provides a defensive investment for the risk averse investor.
The Satrix DIVI portfolio invests in the FTSE/JSE Dividend Plus Index. This consists of 30 companies, selected from the JSE Top 40 and Mid-Cap indices, which are expected to pay the best normal dividends over the forthcoming year. This ETF should appeal to investors who are seeking a high income portfolio on the JSE.
The Satrix DIVI has a lower correlation with other indices on the JSE and accordingly, it provides an ideal product for diversifying investment portfolios.
Satrix FINI ETF
The Satrix FINI endeavours to replicate the performance of the FTSE/JSE Financial 15 index. This index comprises the 15 largest financial shares listed on the JSE. The FTSE/JSE Financial 15 index comprises South Africa´s 5 largest banks, other general financial companies, property companies, plus the main long-term and short-term insurance companies. It provides a diversified spread of the major financial companies listed on the JSE. The rapid assimilation of greater numbers of South Africans into the formal banking and financial system, the funding demands of a growing economy and the challenges of meeting demand for retirement products have made this a high performing sector of the JSE.
Satrix INDI ETF
endeavours to replicate the performance of the FTSE/JSE Industrial 25 index. This index comprises the top 25 industrial companies listed on the JSE.
Satrix INDI accurately replicates the FTSE/JSE INDI 25 index, by holding the shares in this index in exactly the weighted and number they constitute the index. Dividends paid by the underlying companies, less expenses incurred by managing the portfolio, are paid out to Satrix INDI shareholders on a quarterly basis.
Investors who purchase and hold Satrix INDI securities accordingly, obtain the performance and yield of the top 25 industrial companies in the JSE with the convenience and low cost of a single trade.
Satrix RAFI 40 ETF
This index weights the underlying constituents using four fundamental factors, rather than pure market capitalisation. These four factors are dividends, cash flow, sales and book value. Secondly, Satrix RAFI 40 will track the total return version of the FTSE/JSE RAFI 40 index, measuring the total return of the underlying index by combining the capital performance plus the reinvestment of income of the constituent companies in the index. All dividends received will be immediately reinvested on behalf of investors.
Satrix RESI ETF
The Satrix RESI endeavours to replicate the performance of the FTSE/JSE Resources 20 index. This index consists solely of resources based stocks, including mining companies, mining holding companies, mining finance and exploration companies and resource based stocks, such as Sasol.
Satrix SWIX Top 40 ETF
The Satrix SWIX Top 40 endeavours to replicate the performance of the FTSE/JSE SWIX Top 40 index. This shareholder weighted Top 40 index makes use of the share register of the top forty companies to reduce the constituent weights for foreign shareholders in these stocks. In addition, the SWIX Top 40 is adjusted for cross-holdings and strategic holdings. The impact is to reduce the weightings of mainly resource and dual-listed stocks in the Top 40 index by approximately half.