South African--Equity--General
To track the RAFI 40 Total Return index as closely as possible by holding in the portfolio securities in the same weighting as they are included in the RAFI 40 Total Return index.
The portfolio must hold the index constituent securities at all times, but on a temporary basis, and for market illiquidity purposes, cash or liquid financial instruments can be held in such circumstances.
The Satrix RAFI is also a total return product, which means that all dividends (less costs) are reinvested in the portfolio by way of the purchase of further constituent securities.
The Satrix RAFI securities can be purchased through the Satrix Investment Plan as below, or can be transacted with a JSE member stockbroker.
Formation Date: 16 Oct 2008
JSE Code (A): STXRAF
Benchmark: FTSE/JSE RAFI 40 (J260T)
BHP 246 321 93.89 8.97%
ANGLO 165 909 88.41 8.45%
SASOL 267 165 76.26 7.29%
RICHEMONT 465 139 72.35 6.91%
FIRSTRAND 1 092 402 70.47 6.73%
Totals 401.38 38.36%
Satrix RAFI 40 ETF - A Class