ETFCentral


CoreShares

CoreShares PrefTrax


Summary

Issuer
CoreShares
Short Code
PREFTX
Launch Date
31 July 2019
Index Tracked
FTSE/JSE Preference Share Index


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
20 April 2020
Next Dividend Payout
13 July 2020


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