ETFCentral
Satrix MSCI World Equity Feeder ETF (STXWDM)
Summary
Issuer
Satrix
Short Code
STXWDM
Launch Date
25 July 2017
Index Tracked
MSCI World
Exposure
Local/Offshore
Offshore
Asset Class
Equity
Cost
TER
0.35%
Smart Beta
Smart Beta
No
Smart Beta Type
N/A
Dividends
Distribution Dates
Total Return - dividends are automatically reinvested
Last Dividend Payout
N/A
Next Dividend Payout
N/A
Detailed Description
The fund tracks the performance of the MSCI World (Developed Markets) Index in South African Rand by investing in the iShares Core MSCI World UCITS ETF (“underlying fund”) securities.. The MSCI World (Developed Markets) Index is a broad global equity index that includes large and mid-cap companies across 23 developed market countries. It covers approximately 85% of the free float-adjusted market capitalization in each country.