Profile's FundsDataOnline
Google
 
Quick Fund Switch
E-mail     Print
CoreShares PropTrax SAPY Summary Fact Sheet
South African--Real Estate--General
 
Technical Overview
Formation Date: 25 Sep 2007
Holdings: 20
Original Price: 3554
Pricing System: Forward
 
Price
 
Management
 Property Index Tracker Managers (Pty) Ltd
 
Ranking
Sector: South African-Real Estate-General
Fund Size: R147 804 000 (as at 30 Sep 2017)
Sector Rank: 7 out of 40
(lump sum over 1 years to 31 Dec 2017)
Overall Rank: 77 out of 1176
(lump sum over 1 years to 31 Dec 2017)
R1000 invested on 31 Dec 2016 was worth R1 171.87 on 31 Dec 2017 (17.19% annual compound return)
R100 per month since 31 Dec 2016 was worth R1 350.40 on 31 Dec 2017 (21.64% annual return compounded monthly)
 
Please note that domestic fund performance figures are calculated on a NAV-NAV basis including dividends reinvested on the reinvestment date, ETFs are reinvested on the ex-div date.
   
Focus and Objective
The investment objective of the Property Index Tracker portfolio is to replicate the price and yield performance of the FTSE/JSE SAPY Index by holding a portfolio of securities substantially equivalent to the basket of securities comprising the Index in the same weighting as the Index.

The Property Index Tracker portfolio will be adjusted as determined by the ground rules to conform to changes in the basket of securities comprising the Index so as to ensure that the composition and weighting of the securities comprising the relevant Property Index Tracker portfolio at all times reflects, as closely as reasonably possible, the composition and weighting of the securities comprising the Index.

The initial SAPY portfolio tracks the price and yield performance of the JSE/FTSE Africa Listed Property Index. (the SAPY index) As such, the SAPY portfolio affords both retail and institutional investors an opportunity to access the performance of the top twenty JSE listed real estate securities by investing in a single instrument namely a participatory interest in the proposed SAPY portfolio.

Grindrod PropTrax SAPY is the first property ETF in South Africa. It gives the investor access and good exposure to the high performance real estate sector, without charging huge fees, and maintaining low entrance levels. PropTrax offers the investor ease of professional management to secure the top twenty South African real estate listed securities.

Investors in the SAPY portfolio diversify their risk within the listed real estate sector, (although they are only holding a single instrument) given the exposure of the SAPY portfolio to a broad range of underlying securities. In addition, investors enjoy quarterly distributions, even though certain of the securities included in the SAPY index may only pay distributions on a six-monthly basis.

It is expected that participatory interests in the SAPY portfolio will trade with a higher degree of liquidity than certain of the securities included in the SAPY index, making it a more attractive prospect for investors who may not otherwise have considered the listed real estate sector.
 
Latest Fund Manager Comment / News
Fund Name Changed
The Grindrod PropTrax SAPY will change it's name to CoreShares PropTrax SAPY, effective  ...more
 
News Archive
Click here for complete news archive for this fund.
 
Top Holdings on 30 Sep 2017
Share No Units Value (Rm) % of Fund
GROWPNT 999 958 24.30 16.44%
NEPIROCK 115 494 21.24 14.37%
REDEFINE 1 852 735 19.81 13.40%
RESILIENT 111 397 14.82 10.03%
FORTRESSB 273 485 10.60 7.17%
Totals   90.77 61.41%
 
Comparative Performance
 
Portfolio Structure as at 30 Sep 2017
Click here for complete portfolio for this fund.
 
Dividend Data
Click here for Dividend History for this fund.
 
Fees and Charges
Click here for fees and charges for this fund.
 
Sectoral Information
Click here for Sectoral Information for this fund.
 


Follow us on:


Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
Other Profile Group sites: ShareData Online (stock market data) | Profile's Financial Markets | Profile Group corporate site
Terms of Use |  Privacy Policy |  PAIA manual |  Site Map |  Powered by ProfileData |  © Copyright Reserved 2018  ]
   Disclaimer: Profile Media (Pty) Ltd has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. © Copyright Reserved 2018