Satrix DIVI

A fund focusing on maximising dividend yield by investing in 30 companies that are expected to pay the best normal dividends over the forthcoming year.

Tax free savings accounts are available across all Satrix funds

ETFs or Unit Trusts

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Satrix Divi ETF

The Satrix Divi ETF tracks the FTSE/JSE Dividend Plus index and should appeal to investors seeking to maximise yield. The index consists of 30 companies that are expected to pay the best normal dividends over the forthcoming year. The selection of the 30 shares is therefore not based on the market capitalization of the shares, but rather the ability of the company to pay superior dividends. This ETF will have a low correlation with other indices on the JSE and for this reason is an ideal product for diversifying investment portfolios. Distributions are made quarterly. 

Investor Information

As On 19 Feb 2018

Net Asset Value per Satrix DIVI ETF security R 2.6699
Distributable Amount per security 0.0037
Cash Contribution per Satrix DIVI ETF Basket R 10 352.50
Market Capitalisation of Satrix DIVI ETF R 1 679 496 915.88
FTSE/JSE Satrix Dividend Plus Index R 2 661.00
Total Expense Ratio: 0.37%
Redemption Fee (if applicable and not waived) N/A

Index Composition

  • Financials 28.43%
  • Basic Materials 27.60%
  • Consumer Services 18.78%
  • Telecommunications 9.51%
  • Industrials 8.63%
  • Consumer Goods 4.75%
  • Health Care 2.30%

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 Jan 2018 Fund * Benchmark ** CPI Inflation ***
Unannualised:
Since Inception (Oct 2007) 198.86% 217.15% 81.12%
Annualised:
Since Inception 11.18% 11.82% 5.92%
Year to Date 1.44% 1.47% 0.04%
1 Year 27.99% 28.48% 4.12%
3 Years 6.76% 7.22% 5.64%
5 Years 7.73% 8.27% 5.42%
7 Years 10.71% 11.32% 5.54%
10 Years 13.26% 13.92% 5.72%
  • * 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.

Fund Documentation

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For all paper-based application forms please click here

Satrix Dividend Plus Index Fund

The Satrix Dividend Plus unit trust tracks the FTSE/JSE Dividend Plus index and should appeal to investors seeking to maximise yield. The index consists of 30 companies that are expected to pay the best normal dividends over the forthcoming year. The selection of the 30 shares is therefore not based on the market capitalization of the shares, but rather the ability of the company to pay superior dividends. This fund will have a low correlation with other indices on the JSE and for this reason is an ideal product for diversifying investment portfolios.

Investor Information

As On 20 Feb 2018

Management Fee Direct to Retail Investor 0.45% + VAT
Management Fee via LISP 0.25% + VAT

Index Composition

  • Financials 28.43%
  • Basic Materials 27.60%
  • Consumer Services 18.78%
  • Telecommunications 9.51%
  • Industrials 8.63%
  • Consumer Goods 4.75%
  • Health Care 2.30%

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