STANLIB Index comment - Sept 14 - Fund Manager Comment15 Dec 2014
Fund review
The STANLIB Index Fund ("the Fund") is a passively managed index-tracking fund. The aim is to replicate the performance of the FTSE/JSE All Share Index ("the Index") as closely as possible. The fund is aimed at investors who seek exposure to the All Share Index at a reduced cost. This exposure is achieved by holding the index constituents in the most optimal weights that enable the fund to track the performance of the Index as closely as possible. The fund performed in line with the index in the third quarter of 2014.
The last quarterly review of the FTSE/JSE Africa Index series saw the inclusion of Alexander Forbes Group Holdings and PSG Konsult Limited to the index. There were also a number of changes to the shares in issue and free floats of various constituent companies. The fund has been repositioned for these changes.
Looking Ahead
We continue to maintain a tight tracking error to the FTSE / JSE All Share Index whilst keeping track of and adjusting for corporate events and index changes as and when they happen.
Mandate Overview27 Aug 2014
This investment objective is to earn a total compound annual return, which substantially equates to the total compound annual return of the FTSE/JSE All Share Index, as adjusted for transaction and other costs. Investments will be a selection of ordinary shares as listed in the FTSE/JSE All Share Index at ratios so determined as to best replicate the performance of the FTSE/JSE All Share Index.
STANLIB Index comment - Jun 14 - Fund Manager Comment25 Aug 2014
Fund review
The STANLIB Index Fund ("the Fund") is a passively managed index-tracking fund. The aim is to replicate the performance of the FTSE/JSE All Share Index ("the Index") as closely as possible.
The fund is aimed at investors who seek exposure to the All Share Index at a reduced cost. This exposure is achieved by holding the index constituents in the most optimal weights that enable the fund to track the performance of the Index as closely as possible.
The fund performed in line with the index in the second quarter of 2014. The last quarterly review of the FTSE/JSE Africa Index series saw the exclusion of JD Group Ltd and no new additions to the index. There were also a number of changes to the shares in issue and free floats of various constituent companies. The fund has been repositioned for these changes.
Looking ahead
We will continue maintaining a tight tracking error to the FTSE / JSE All Share Index whilst keeping track of and adjusting for index changes as and when they happen.
STANLIB Index comment - Mar 14 - Fund Manager Comment03 Jun 2014
Fund review
The STANLIB Index Fund ("the Fund") is a passively managed index-tracking fund. The aim is to replicate the performance of the FTSE/JSE All Share Index ("the Index") as closely as possible.
The fund is aimed at investors who seek exposure to the All Share Index at a reduced cost. This exposure is achieved by holding the index constituents in the most optimal proportions that enable the fund to track the performance of the Index as closely as possible. The fund performed in line with the index in the first quarter of 2014. The last quarterly review of the FTSE/JSE Africa Index series saw the inclusion of Ascendis Health Ltd and no exclusions. There were also a number of changes to the shares in issue and free floats of various constituent companies. The fund has been repositioned for these changes.
Looking Ahead
We will continue maintaining our tight tracking error to the FTSE / JSE All Share Index whilst keeping track of and adjusting for index changes as and when they happen.