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
26 October 2020
Next Dividend Payout
TBC


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.