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Sygnia DIVI Index Fund Summary Fact Sheet
South African--Equity--General
 
Technical Overview
Formation Date: 20 Jun 2013
Holdings: n/a
Original Price: n/a
Pricing System: Forward
 
Price (A - Class)
 
Management
Iain Anderson, BMath (Hons), CFA
 
Rian Brand, BA, B.Eng (Hons), MBA
 
Ranking
Sector: South African-Equity-General
Fund Size: R36 980 231 (as at 31 Dec 2018)
Sector Rank: 10 out of 166
(lump sum over 1 years to 31 Jan 2019)
Overall Rank: 717 out of 1238
(lump sum over 1 years to 31 Jan 2019)
R1000 invested on 31 Jan 2018 was worth R984.84 on 31 Jan 2019 (-1.52% annual compound return)
R100 per month since 31 Jan 2018 was worth R1 228.35 on 31 Jan 2019 (4.30% 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 DIVI Index Fund ("the Portfolio'') aims to replicate the performance achieved by the FTSE/JSE Dividend Plus Index (Code: J259T) (''the Index'') by buying constituent securities at the same weighting as they are included in the Index. Whenever the Index gets rebalanced by the FTSE/JSE Advisory Committee, the Portfolio will purchase the newly included constituent securities and will sell the constituent securities which were excluded from the Index by the advisory committee and buy or sell the securities that remain in the Index, in order to ensure that the same constituent securities are held by the Fund in the same 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 Fund holds all the same constituent securities as the Index in as close as possible weighting as those in the Index. 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 aligned as closely as practically possible to the Index while at the same time keeping the trading costs in the Portfolio to a minimum. Thus, all cash movements and corporate actions are taken into account daily in order to re-align the Portfolio to match the composition of the Index as closely as practically possible. The Portfolio may trade in futures in order to ensure that there is always sufficient liquidity to meet the Fund's contractual obligations to investors.
 
Latest Fund Manager Comment / News
Sygnia Divi Index - Nov 2018
MARKET PERFORMANCE
The third quarter of 2018 marked the 11th anniversary of the  ...more
 
News Archive
Click here for complete news archive for this fund.
 
Top Holdings on 31 Dec 2018
Share No Units Value (Rm) % of Fund
MTN GROUP 27 064 2.42 6.53%
TELKOM 35 873 2.27 6.14%
ABSA 12 127 1.96 5.29%
VODACOM 13 218 1.74 4.71%
LIB-HOLD 15 633 1.71 4.63%
Totals   10.10 27.32%
 
Comparative Performance
 
Portfolio Structure as at 31 Dec 2018
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.
 


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