The mandate of the Satrix RAFI 40 ETF ("Satrix RAFI 40") is to track, as closely as possible, the value of the FTSE/JSE RAFI 40 Total Return index (J260).
Satrix RAFI 40 is an index tracking fund, registered as a Collective Investment Scheme and is also listed on the Johannesburg Stock Exchange as an Exchange Traded Fund.
Satrix RAFI 40 provides investors with the total performance of the FTSE/JSE RAFI 40 portfolio Total Return index (J260).
In accordance with the investment policy of Satrix RAFI 40, all distributions (net of dividends withholdings tax) are re-invested on behalf of investors through the purchase of securities comprising the FTSE/JSE RAFI 40 portfolio Index (J260) in accordance with the calculation methodology of the total return version of this index, thereby increasing the net asset value of each Satrix RAFI 40 security....Read more
|
|