-4.28  /  -0.92%

467.27

NAV on 2020/10/29
NAV on 2020/10/28 471.55
52 week high on 2019/11/20 1050.96
52 week low on 2020/03/23 437.5
Total Expense Ratio on 2020/09/30 0.52
Total Expense Ratio (performance fee) on 2020/09/30 0
NAV
Incl Dividends
1 month change -5.53% -5.53%
3 month change -20.28% -20.28%
6 month change -12.16% -8.51%
1 year change -54.37% -50.24%
5 year change -20.3% -14.59%
10 year change 0% 0%
Price data is updated once a day.
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  • Sectoral allocations
Financials 1600.83 99.75%
Liquid Assets 4.04 0.25%
  • Top five holdings
 GROWPNT 360.60 22.47%
 NEPIROCK 243.79 15.19%
 FORTRESSA 153.21 9.55%
 REDEFINE 136.80 8.52%
 RESILIENT 115.70 7.21%
  • Performance against peers
  • Fund data  
Management company:
Satrix Managers (Pty) Ltd.
Formation date:
2012/07/05
ISIN code:
ZAE000181467
Short name:
U-SIMPROP
Risk:
Unknown
Sector:
South African--Real Estate--General
Benchmark:
FTSE/JSE SA Listed Property Index (J253)
Email
rickm@satrix.co.za

Website
http://www.satrix.co.za

Telephone
011-784-0641

  • Fund management  
Johann Hugo
Johann has 24 years investment experience of which 14 years was spent as an equity analyst. The last 10 years were spent as a portfolio manager.He was one of the founder members of the large cap team and played a role in designing the large cap investment process.He is currently a member of the equity selection group at Sanlam Investment Management.
Jenny Albrecht
Jenny joined Sanlam Investment Management in the client services department (1998 - 2002). In January 2003 she joined the SIM's Investment Professional Development Program (IPDP) and was permanently appointed to the SIM quant team during 2004. Her responsibilities include index fund management, quantitative analysis and portfolio construction.
Satrix Investment Team


  • Fund manager's comment

Satrix Property Index Comment - Dec 19

2020/03/02 00:00:00
The FTSE/JSE SA Listed Property Index (SAPY) realised a return of 0.58% during the fourth quarter of 2019, underperforming the FTSE/JSE All Share Index (ALSI), which returned 4.63%. On a year-to-date basis, SA equities were the best performers with returns of (12.05%), followed by SA bonds (10.32%), SA cash (7.29%) and SA property (1.92%).
The best performing shares in the SAPY for the last quarter included Stenprop (25%), Sirius (16%) and Storage Property (10%). By contrast, the worst performers were Fortress B (-15%), Fortress A (-6%), and Investec Australia (-5%).
A key theme prevalent in the retail sector, both locally and offshore, is the need to consistently invest in retail assets in order to attract the best tenants with their flagship offering, especially in an environment of oversupply and high mobility of consumers who are spoilt for choice.
  • Fund focus and objective  
The Satrix Property Index Fund is a specialist portfolio. In selecting securities for this portfolio, the investment manager shall seek an investment medium for investors which shall have as its main objective the provision of a total compounded annual return of capital and income which substantially matches the notional performance of the FTSE/JSE SA Listed Property Index (J253), after taking into consideration all costs and regulatory compliance requirements.In order to achieve these objectives, the securities normally to be acquired in the Sanlam Investment Management Property Index Fund portfolio shall consist of those shares, at fair market prices, which substantially make up the FTSE/JSE SA Listed Property Index (J253) with due regard to the weightings defined therein. Other securities (derivatives) and assets in liquid form may be included from time to time to account for liquidity and index fluctuations. Apart from the above, the portfolio may also invest in participatory interests of portfolios of collective investment schemes registered in the Republic of South Africa or of participatory interest in collective investment schemes or other similar schemes operated in territories with a regulatory environment which is to the satisfaction of the manager and the trustee of a sufficient standard to provide for investor protection which is at least equivalent to that in South Africa. The underlying CIS portfolios will always be property tracker portfolios.
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