NAV on 2020/08/13
|NAV on 2020/08/12
|52 week high on 2019/11/06
|52 week low on 2020/03/23
|Total Expense Ratio on 2020/06/30
|Total Expense Ratio (performance fee) on 2020/06/30
Satrix Managers (Pty) Ltd.
FTSE/JSE RAFI 40 (J260T)
This fund is managed by Satrix Managers (Pty) Ltd.
No fund manager's comment available.
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.