ETFCentral

Satrix

Satrix 40 (STX40)

Summary

Issuer

Satrix

Short Code

STX40

Launch Date

27 November 2000

Index Tracked

FTSE/JSE Top 40

Exposure

Local/Offshore

Local

Asset Class

Equity

Cost

TER

0.10%

Smart Beta

Smart Beta

Smart Beta Type

N/A

Dividends

Distribution Dates

Jan, Apr, Jul, Oct

Last Dividend Payout

22 July 2020

Next Dividend Payout

TBC

Detailed Description

The Satrix 40 ETF tracks the performance of the FTSE/JSE Top 40 index which includes the 40 largest companies on the JSE, ranked by investable market cap. The ETF aims to accurately replicate the index by holding all constituents in the exact index weighting. Distributions are made quarterly.