ETFCentral
CoreShares PrefTrax (PREFTX)
Summary
Issuer
CoreShares
Short Code
PREFTX
Launch Date
31 July 2019
Index Tracked
FTSE/JSE Preference Share Index
Ticker Symbol
JSE:PREFTX
Exposure
Local/Offshore
Local
Asset Class
Preference Shares
Cost
TER
0.63%
Smart Beta
Smart Beta
No
Smart Beta Type
N/A
Dividends
Distribution Dates
Mar, Jun, Sep, Dec
Last Dividend Payout
19 October 2020
Next Dividend Payout
TBC
Detailed Description
The investment policy of the portfolio shall be to track the
FTSE/JSE Preference Share Index as closely as possible, by
buying only constituent securities in the same weightings in
which they are included in the Index and selling only securities
which are excluded from the Index from time to time as a result
of quarterly Index reviews or corporate actions
This index measures performance of non-convertible, floating rate perpetual preference shares
This index measures performance of non-convertible, floating rate perpetual preference shares