Satrix Celebrates Fund Listing at the JSE

The new Satrix JSE Global Equity ETF tracks the performance of the FTSE/JSE Global Investor Index, which is comprised of local equities. The index uses global free floats in weighting constituent companies, thereby offering a rand hedge alternative to local equity indices with a higher proportion of offshore earnings.

Investors will now be able to blend the Satrix JSE Global Equity ETF with existing equity indices in order to gain index exposure that more closely resembles the All Share Index (ALSI) methodology used in the past.  

By holding the Satrix JSE Global Equity ETF, investors gain higher offshore earnings exposure and improved rand hedging by design. This can act as a useful ballast to other local equity indices, which down-weight the dual-listed companies. To read more about the Satrix JSE Global Equity ETF, click here.  

Satrix celebrated the listing of the fund at the JSE on 12 March. Watch a short video of the ceremony below featuring Mark Randall: Director of Information Services at the JSE with Kingsley Williams: Chief Investment Officer of Satrix*. 

Who should invest in this ETF?

This ETF is suitable for investors with a longer-term investment horizon and who are specifically looking for local equity exposure, but with a higher rand hedge component and greater exposure to earnings from offshore. Investors should expect and be able to withstand equity-like volatility.

Don’t have a SatrixNOW account?

You can register here. It will also be available via other investment platforms and personal stockbroking accounts.  

If you have any questions, feel free to contact the Satrix team on info@satrix.co.za. For more information, visit https://satrix.co.za/products.

*Satrix is a division of Sanlam Investment Management.

Disclaimer

Satrix Investments (Pty) Ltd is an approved financial service provider in terms of the Financial Advisory and Intermediary Services Act, No 37 of 2002 (“FAIS”). The information above does not constitute financial advice in terms of FAIS. Consult your financial adviser before making an investment decision. While every effort has been made to ensure the reasonableness and accuracy of the information contained in this document (“the information”), the FSP, its shareholders, subsidiaries, clients, agents, officers and employees do not make any representations or warranties regarding the accuracy or suitability of the information and shall not be held responsible and disclaim all liability for any loss, liability and damage whatsoever suffered as a result of or which may be attributable, directly or indirectly, to any use of or reliance upon the information.

Satrix Managers (RF) (Pty) Ltd (Satrix) is a registered and approved Manager in Collective Investment Schemes in Securities. Collective investment schemes are generally medium- to long-term investments. With Unit Trusts and ETFs, the investor essentially owns a “proportionate share” (in proportion to the participatory interest held in the fund) of the underlying investments held by the fund. With Unit Trusts, the investor holds participatory units issued by the fund while in the case of an ETF, the participatory interest, while issued by the fund, comprises a listed security traded on the stock exchange. ETFs are index tracking funds, registered as a Collective Investment and can be traded by any stockbroker on the stock exchange or via Investment Plans and online trading platforms. ETFs may incur additional costs due to being listed on the JSE. Past performance is not necessarily a guide to future performance and the value of investments / units may go up or down. A schedule of fees and charges, and maximum commissions are available on the Minimum Disclosure Document or upon request from the Manager. Collective investments are traded at ruling prices and can engage in borrowing and scrip lending. Should the respective portfolio engage in scrip lending, the utility percentage and related counterparties can be viewed on the ETF Minimum Disclosure Document.

For more information, visit https://satrix.co.za/products.