ETF CentralETFCentral


Satrix

Satrix Property ETF (STXPRO)



Summary

Issuer
Satrix
Short Code
STXPRO
Launch Date
24 February 2017
Index Tracked
S&P SA Composite Property Capped
Ticker Symbol
JSE:STXPRO


Exposure

Local/Offshore
Local
Asset Class
Property


Cost

TER
0.30%


Smart Beta

Smart Beta
Yes
Smart Beta Type
Alternative Weighting


Dividends

Distribution Dates
Mar, Jun, Sep, Dec
Last Dividend Payout
20 October 2021
Next Dividend Payout
26 Januray 2022


Detailed Description

´╗┐This ETF tracks the S&P South Africa Composite Property Capped Index - a market capitalization weighted index of all companies in the S&P South Africa Composite index which are classified as property companies. These are companies investing in physical real estate assets or companies that derive more than 60% of total revenue from real estate related activities. Constituent weights are capped at 10% at each rebalancing date.