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Sygnia SWIX Index Fund Summary Fact Sheet
South African--Equity--General
Technical Overview
Formation Date: 2 Oct 2013
Holdings: n/a
Original Price: n/a
Pricing System: Forward
Price (A - Class)
Iain Anderson, BMath (Hons), CFA
Siyabulela Nomoyi
Anton Swanepoel
Sector: South African-Equity-General
Fund Size: R279 247 912 (as at 31 Mar 2020)
Sector Rank: 81 out of 175
(lump sum over 1 years to 30 Jun 2020)
Overall Rank: 1105 out of 1320
(lump sum over 1 years to 30 Jun 2020)
R1000 invested on 30 Jun 2019 was worth R933.93 on 30 Jun 2020 (-6.61% annual compound return)
R100 per month since 30 Jun 2019 was worth R1 208.13 on 30 Jun 2020 (1.25% 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 Sygnia SWIX Index Fund ("the Portfolio'') aims to replicate the performance achieved by the FTSE/JSE Shareholder Weighted All Share Index (Code: J403T ) (''the Index'') by buying constituent securities at the similar weighting as they are included in the Index. Whenever the Index gets rebalanced by the FTSE/JSE Advisory Committee, the Portfolio will purchase newly included constituent securities which substantially make up the Index and will sell the constituent securities which were excluded from the Index by the advisory committee and buy or sell the securities which substantially make up the Index, in order to ensure that similar constituent securities are held by the Portfolio in similar weightings as those being represented in the Index. No securities will be bought for the sole purpose of making a speculative profit by selling them at a higher price later on unless this is for the purpose of tracking the Index. All purchases and sales of securities are done solely to ensure that the Portfolio holds similar constituent securities. The Portfolio is passively managed, and aims to produce the same level of income as that produced by the Index. The composition of the Portfolio will be compared to the composition of the Index on a daily basis, taking into account any new investment contributions or withdrawals to and from the Portfolio, the receipt of any dividends for reinvestment, the effect of any corporate actions and its impact on the composition of the Portfolio relative to that of the Index. A tracking error minimising algorithm is used to determine the least number of transactions required to keep the Portfolio's returns aligned as closely as practically possible to the Index's returns while at the same time keeping the trading costs in the Portfolio to a minimum. The tracking error will never exceed 2% (two percent) on an annual basis. All cash movements and corporate actions are taken into account daily in order to re-align the Portfolio to match the returns of the Index as closely as practically possible. The Portfolio may invest in futures in order to ensure that there is always sufficient liquidity.
Latest Fund Manager Comment / News
Sygnia SWIX Index Fund Comment - Dec 19

December was a great month for equities, driven by bullish  ...more
News Archive
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Top Holdings on 31 Mar 2020
Share No Units Value (Rm) % of Fund
NASPERS-N 29 121 72.58 25.99%
BATS 19 107 11.48 4.11%
PROSUS 9 176 11.18 4.01%
ANGLO 32 815 9.88 3.54%
STANBANK 86 534 8.73 3.13%
Totals   113.86 40.77%
Comparative Performance
Portfolio Structure as at 31 Mar 2020
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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.

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