ETFCentral

Satrix

Satrix RESI

Summary

Issuer

Satrix

Short Code

STXRES

Launch Date

10 April 2006

Index Tracked

FTSE/JSE Resources 20

Exposure

Local/Offshore

Local

Asset Class

Equity

Cost

TER

0.44%

Smart Beta

Smart Beta

Smart Beta Type

Alternative Weighting

Dividends

Distribution Dates

Mar, Jun, Sep, Dec

Last Dividend Payout

22 April 2020

Next Dividend Payout

TBC

Detailed Description

If you're looking for concentrated resource sector exposure, then this is the ETF for you. It tracks the FTSE/JSE Capped Resources 10 Index which includes the 10 largest resource companies listed on the JSE, ranked by investable market cap. Each constituent weight is capped at 30% at each quarterly index review. Distributions are made quarterly.