18 /
0.4%
4523
NAV on 2019/12/05
| NAV on 2019/12/04 |
4505 |
| 52 week high on 2019/11/28 |
4606 |
| 52 week low on 2018/12/24 |
3418 |
| Total Expense Ratio on 2019/09/30 |
0.25 |
| Total Expense Ratio (performance fee) on 2019/09/30 |
0 |
Management company:
Satrix Managers (Pty) Ltd. |
Formation date:
2017/07/24 |
ISIN code:
ZAE000246641 |
Short name:
U-SATSP50 |
Risk:
Unknown |
Sector:
Global--Equity--General |
Benchmark:
S&P 500 index |
Satrix Investment Team
No fund manager's comment available.
The Satrix S&P 500 Feeder ETF is an index tracking fund registered as a Collective Investment Scheme, and is listed on the Johannesburg Stock Exchange as an Exchange Traded Fund. The mandate of the Satrix S&P 500 Feeder Portfolio (Satrix S&P 500 ETF) is to track, as closely as possible, the value of the S&P 500 Index in ZAR. The S&P 500 Index measures the performance of the large capitalisation sector of the US equity market which comply with size, liquidity and free-float criteria. To replicate the index performance the Satrix S&P 500 ETF invests in the iShares Core S&P 500 UCITS ETF (the underlying fund). The investment objective of the underlying fund is to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the S&P 500 Index. Investors should note that the performance of the Satrix S&P 500 Feeder Portfolio relative to its benchmark may be affected on a day to day basis as a result of transactions, exchange rates and differing pricing points.
