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
No
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.