Marriott Fund Research Tool


Technical Details

Formation Date	26 Mar 2018
Fund Size (ZAR)	29 919 291
Domicile	South Africa
Reporting Currency	ZAR
JSE Code	STXLVL
ISIN	ZAE000318333
Pricing	Daily
Number of unitholders	0
ASISA Category	SA-Equity-General
Benchmark	Absa Wits Risk-Controlled SA Low Volatility Index
Income Distributions	-
Income Payment	-
Trustee	Absa Bank Limited
Management Company	Satrix Managers (Pty) Ltd.
Fund Management	NewFunds (Pty) Ltd.
Minimum Investment	R0
Minimum Top-Up	-
Minimum Monthly	no minimum
Risk Rating	-


Technical Details

Formation Date	26 Mar 2018
Fund Size (ZAR)	29 919 291
Domicile	South Africa
Reporting Currency	ZAR
JSE Code	STXLVL
ISIN	ZAE000318333
Pricing	Daily
Number of unitholders	0
ASISA Category	SA-Equity-General
Benchmark	Absa Wits Risk-Controlled SA Low Volatility Index
Income Distributions	-
Income Payment	-
Trustee	Absa Bank Limited
Management Company	Satrix Managers (Pty) Ltd.
Fund Management	NewFunds (Pty) Ltd.
Minimum Investment	R0
Minimum Top-Up	-
Minimum Monthly	no minimum
Risk Rating	-

Fund Objective

The NewFunds Low Volatility Equity ETF ("the Portfolio") is aimed at providing an Investor with diversified exposure to 20 highly liquid constituent securities in the South African equity market that exhibit the lowest volatility as well as a low beta to the market in their performance by tracking the Absa Wits Risk-Controlled SA Low Volatility Index ("the Low Volatility Index"), where the constituent security's weights in the Low Volatility Index is determined by applying an equal risk contribution weighting scheme. The Low Volatility Index was created by Absa Bank Limited ("Absa") in collaboration with Wits University using their Findata@Wits® database....Read more

Fund Objective

The NewFunds Low Volatility Equity ETF ("the Portfolio") is aimed at providing an Investor with diversified exposure to 20 highly liquid constituent securities in the South African equity market that exhibit the lowest volatility as well as a low beta to the market in their performance by tracking the Absa Wits Risk-Controlled SA Low Volatility Index ("the Low Volatility Index"), where the constituent security's weights in the Low Volatility Index is determined by applying an equal risk contribution weighting scheme. The Low Volatility Index was created by Absa Bank Limited ("Absa") in collaboration with Wits University using their Findata@Wits® database....Read more


Management

NewFunds (Pty) Ltd.


Management

NewFunds (Pty) Ltd.


Fees and Costs

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	0.51%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (31/03)	0.51%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.64%
Total TER	1.15%


Fees and Costs

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	0.51%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (31/03)	0.51%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.64%
Total TER	1.15%


Statutory Data

Management Company	Satrix Managers (Pty) Ltd.
Registration Number	2004/009205/07
Directors	K F Kellerman, M K Koep, R A Koep, P Rodrigues
Trustee	Absa Bank Limited
Auditors	KPMG Inc
Sponsors	Vunani Corporate Finance (division of Vunani Ltd.)
Advisors	Sanlam Investment Management (Pty) Ltd.
Physical Address	Three Exchange Square 87 Maude Street Sandown, Sandton 2146
Postal Address	PO Box 653477 Benmore 2010
Telephone	011-784-0641
Tollfree	-
Fax	086-508-7186
Email	rickm@satrix.co.za
Website	http://www.satrix.co.za


Statutory Data

Management Company	Satrix Managers (Pty) Ltd.
Registration Number	2004/009205/07
Directors	K F Kellerman, M K Koep, R A Koep, P Rodrigues
Trustee	Absa Bank Limited
Auditors	KPMG Inc
Sponsors	Vunani Corporate Finance (division of Vunani Ltd.)
Advisors	Sanlam Investment Management (Pty) Ltd.
Physical Address	Three Exchange Square 87 Maude Street Sandown, Sandton 2146
Postal Address	PO Box 653477 Benmore 2010
Telephone	011-784-0641
Tollfree	-
Fax	086-508-7186
Email	rickm@satrix.co.za
Website	http://www.satrix.co.za

Your Email Address
Recipient's Email Address
Message for Recipient	Attached is a PDF from Marriott.