ETFCentral


Satrix

Satrix Momentum ETF


Summary

Issuer
Satrix
Short Code
STXMMT
Launch Date
17 November 2018
Index Tracked
Satrix Momentum Index


Exposure

Local/Offshore
Local
Asset Class
Equity


Cost

TER
0.40%


Smart Beta

Smart Beta
Yes
Smart Beta Type
Alternative Index Construction


Dividends

Distribution Dates
Mar, Jun, Sep, Dec
Last Dividend Payout
22 April 2020
Next Dividend Payout
TBC


Detailed Description

´╗┐Satrix developed the proprietary Satrix Momentum Index which aims to capture the return of the equity market enhanced by the momentum risk premium i.e. a portfolio tilted toward shares that display positive momentum characteristics and away from shares showing negative momentum characteristics. Distributions are made quarterly.