etfSA.co.za Monthly South Africa ETF, ETN and Index Tracking Product Performance Survey
Short-Term Performance (1 month to 1 year) Products tracking the gold bullion price, namely NewGold ETF and the Standard Bank Gold-Linker ETN remain at the top of the one year performance table provided annual returns of over 30%. However, with the exce
Sectoral index ETFs, tracking the performance of the industrial ,financial and property indices such as the Satrix INDI 25 ETF, Satrix FINI 15 ETF, Proptrax SAPY ETF and the NewFunds eRAFI FINI 15 ETF, also covering the financial sector, have been the stand out performers over most of the recent periods measured.
Although Emerging Market ETNs, such as the DBX Tracker Africa Top 50, China and Emerging Market ETNs, have been good performers over the 3 to 6 month periods, in the past 30 days, Developing Market ETFs, such as DBX Tracker USA and DBX Tracker World ETF funds have provided the best total return performance.
Medium to Long Term Performance (2 to 5 years)
The Satrix INDI 25, Satrix DIVI Plus and Satrix RAFI 40 Total Return ETF, have remained at the top of the 3 year performance tables, indicating the good recovery in the JSE over this period. Only NewGold ETF has broken into the domain of equity based passive tracker funds over the longer term measurement period.
|
Best Performing Index Tracker Funds – 30 March 2012 (Total Return %)* |
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|
Fund Name |
Type |
5 Years (per annum) |
|
Fund Name |
Type |
3 Years (per annum) |
|
NewGold |
ETF |
20,81% |
Satrix INDI 25 |
ETF |
30,33% |
|
|
Satrix INDI 25 |
ETF |
13,15% |
Satrix DIVI Plus |
ETF |
28,94% |
|
|
Prudential Property Enhanced |
12,54% |
Satrix RAFI 40 |
ETF |
26,55% |
||
|
2 Years (per annum) |
|
|
|
1 Year |
||
|
NewGold |
ETF |
24,31% |
NewGold |
ETF |
31,01% |
|
|
Satrix INDI 25 |
ETF |
21,40% |
Standard Bank Gold-Linker |
ETN |
30,61% |
|
|
NewFunds eRAFI INDI 25 |
ETF |
18,36% |
Satrix DIVI Plus |
ETF |
22,13% |
|
|
Satrix DIVI Plus |
ETF |
18,05% |
Satrix INDI 25 |
ETF |
19,26% |
|
|
Satrix FINI 15 |
ETF |
19,14% |
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|
6 Months |
|
|
|
3 Months |
||
|
Satrix FINI 15 |
ETF |
24,13% |
Satrix FINI 15 |
ETN |
13,36% |
|
|
RMB Oil |
ETN |
23,59% |
DBX Africa Top 50 |
ETF |
12,72% |
|
|
Satrix DIVI |
ETF |
23,58% |
NewFunds eRAFI FINI 15 |
ETF |
12,57% |
|
|
NewFunds eRAFI FINI 15 |
ETF |
23,44% |
SIM Dividend Plus Fund |
Unit Trust |
12,43% |
|
|
Satrix DIVI Plus |
ETF |
12,33% |
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|
1 Month |
|
|
|
|
||
|
DBX MSCI USA |
ETF |
6,28% |
||||
|
DBX MSCI World |
ETF |
4,24% |
||||
|
Source: Profile Media FundsData (30/03/2012) * Includes reinvestment of dividends. |
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The full etfSA Performance Survey is attached. The etfSA Performance Survey measures the total return (Net Asset Value (NAV to NAV)) changes including reinvestment of dividends) for index tracking unit trusts and Exchange Traded Funds (ETFs) available to the retail public in South Africa. The performance tables (attached) measure the 1 month to 5 years total return compared with the benchmark index returns (including reinvestment of dividends). Note, as the FTSE/JSE calculates the index without taking into account any brokerage or other transaction costs, index tracking products will typically underperform the index because of their transaction and other running costs. .
|
MONTHLY PERFORMANCE SURVEY OF INDEX TRACKING ETFS, ETNs AND UNIT TRUSTS For Period Ended 30 March 2012 (Total Returns – dividends reinvested) |
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|
A) EXCHANGE TRADED FUNDS |
1 Month |
3 Months |
6 Months |
1 Year |
2 years p.a. |
3 years p.a. |
5 years p.a. |
|
1. TOP 40 ETF PRODUCTS |
|
|
|
|
|
|
|
|
FTSE/JSE Top 40 Index |
(2,28%) |
5,10% |
13,98% |
4,78% |
10,14% |
20,98% |
6,57% |
|
Nedbank BettaBeta Equally Weighted Top 40 |
(1,86%) |
7,55% |
14,05% |
9,36% |
12,93% |
- |
- |
|
RMB Top 40 Portfolio |
(2,29%) |
5,05% |
13,83% |
4,57% |
9,86% |
20,67% |
- |
|
Satrix 40 Portfolio |
(2,34%) |
5,01% |
13,71% |
4,29% |
9,69% |
20,17% |
6,19% |
|
Satrix SWIX Top 40 Portfolio A |
(0,91%) |
6,47% |
15,12% |
7,92% |
11,86% |
21,09% |
6,70% |
|
Stanlib Top 40 |
(2,08% |
4,76% |
13,64% |
5,00% |
- |
- |
- |
|
Stanlib Swix Top 40 |
(0,87%) |
5,93% |
15,57% |
8,78% |
- |
- |
- |
|
2. JSE Sector Exposure ETFs |
|
|
|
|
|
|
|
|
FTSE/JSE Industrial 25 Index |
2,49% |
10,38% |
20,28% |
19,84% |
21,97% |
31,21% |
13,61% |
|
NewFunds eRAFI INDI 25 |
2,49% |
9,26% |
16,78% |
15,95% |
18,36% |
- |
- |
|
Satrix INDI 25 |
2,37% |
10,25% |
19,94% |
19,26% |
21,40% |
30,33% |
13,15% |
|
FTSE/JSE Financial 15 Index |
2,13% |
12,77% |
22,55% |
20,32% |
13,55% |
26,07% |
5,08% |
|
NewFunds eRAFI FINI 15 |
1,31% |
12,57% |
23,44% |
17,05% |
10,24% |
- |
- |
|
Satrix FINI 15 |
1,72% |
13,36% |
24,13% |
19,14% |
12,12% |
25,04% |
4,07% |
|
FTSE/JSE Resources 10 Index |
(8,50%) |
(3,36%) |
4,09% |
(11,86%) |
(0,43%) |
11,33% |
1,94% |
|
NewFunds eRAFI RESI 20 |
(7,36%) |
(0,60%) |
6,01% |
(11,45%) |
0,19% |
- |
- |
|
Satrix RESI 10 |
(8,48%) |
(3,36%) |
3,98% |
(12,18%) |
(0,81%) |
10,51% |
1,50% |
|
3. Bond (Fixed Interest) ETFs |
|
|
|
|
|
|
|
|
All Bond Total Return Index |
0,10% |
2,36% |
5,93% |
13,36% |
10,79% |
10,12% |
8,75% |
|
zShares GOVI |
3,74% |
5,94% |
5,28% |
12,98% |
11,15% |
10,69% |
- |
|
RMB Inflation Linked (Inflation-X) |
1,12% |
2,59% |
6,72% |
14,15% |
12,90% |
- |
- |
|
MONTHLY PERFORMANCE SURVEY OF INDEX TRACKING ETFS, ETNs AND UNIT TRUSTS For Period Ended 30 March 2012 (Total Returns – dividends reinvested) |
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|
A) EXCHANGE TRADED FUNDS(continued) |
1 Month |
3 Months |
6 Months |
1 Year |
2 years p.a. |
3 years p.a. |
5 years p.a. |
|
|
4. Property ETFs |
||||||||
|
Proptrax SAPY |
(0,22%) |
4,80% |
11,01% |
16,09% |
14,98% |
18,36% |
- |
|
|
Proptrax TEN |
0,74% |
5,17% |
12,62% |
- |
- |
- |
- |
|
|
5. “Style” ETFs |
|
|
|
|
|
|
|
|
|
FTSE/JSE All Share Index |
(1,41%) |
6,00% |
14,89% |
7,29% |
11,30% |
22,16% |
7,22% |
|
|
NewFunds Shari’ah Top 40 |
(5,30%) |
0,33% |
8,13% |
6,55% |
3,94% |
- |
- |
|
|
NewFunds NewSA |
(1,28%) |
6,03% |
10,44% |
2,64% |
7,94% |
18,76% |
- |
|
|
NewFunds NewRand |
(3,02%) |
4,82% |
7,78% |
1,80% |
8,73% |
16,21% |
6,41% |
|
|
NewFunds eRAFI Overall |
(1,55%) |
5,97% |
14,49% |
7,51% |
10,33% |
23,81% |
- |
|
|
NewFunds MAPPS – Protect |
(0,22%) |
3,53% |
8,94% |
- |
- |
- |
- |
|
|
NewFunds MAPPS – Growth |
(0,85%) |
4,93% |
11,96% |
- |
- |
- |
- |
|
|
Satrix DIVI Plus |
1,22% |
12,43% |
23,58% |
23,13% |
18,05% |
28,94% |
- |
|
|
Satrix RAFI Total Return |
(1,57%) |
6,43% |
17,30% |
8,94% |
12,23% |
26,55% |
- |
|
|
6. Foreign ETFs |
|
|
|
|
|
|
|
|
|
MSCI World Index (in Rands) |
3,32% |
4,81% |
11,88% |
10,98% |
6,62% |
7,78% |
(1,83%) |
|
|
DBX Tracker MSCI EuroStoxx 50 |
1,11% |
4,44% |
8,18% |
(7,73%) |
(4,45%) |
1,95% |
(7,03%) |
|
|
DBX Tracker MSCI FTSE 100 |
1,56% |
1,91% |
10,99% |
11,68% |
8,44% |
13,47% |
(2,29%) |
|
|
DBX Tracker MSCI USA |
6,28% |
6,83% |
18,90% |
20,43% |
12,61% |
12,85% |
- |
|
|
DBX Tracker MSCI Japan |
3,99% |
5,54% |
0,27% |
12,19% |
1,52% |
0,93% |
- |
|
|
DBX Tracker MSCI World |
4,24% |
5,78% |
13,56% |
12,27% |
7,97% |
10,35% |
- |
|
|
Source: |
Profile Media – FundsData (30/03/2012) |
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|
MONTHLY PERFORMANCE SURVEY OF INDEX TRACKING ETFS, ETNs AND UNIT TRUSTS For Period Ended 30 March 2012 (Total Returns – dividends reinvested) |
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|
B) EXCHANGE TRADED NOTES |
1 Month |
3 Months |
6 Months |
1 Year |
2 years p.a. |
3 years p.a. |
5 years p.a. |
|
|
Deutsche Bank |
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|
DB MSCI China Total Return |
(4,07%) |
3,18% |
12,49% |
- |
- |
- |
- |
|
|
DB MSCI Emerging Markets Total Return |
(1,25%) |
7,18% |
13,59% |
- |
- |
- |
- |
|
|
DB Africa Top 50 Capped Total Return |
0,90% |
12,72% |
14,64% |
- |
- |
- |
- |
|
|
NewFunds |
||||||||
|
NewGold* |
(3,51%) |
(0,95%) |
0,49% |
31,01% |
24,31% |
11,84% |
20,81% |
|
|
Rand Merchant Bank |
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|
RMB Oil |
(0,94%) |
(2,56%) |
23,59% |
6,62% |
- |
- |
- |
|
|
RMB Coal |
3,19% |
(7,04%) |
(18,45%) |
- |
- |
- |
- |
|
|
Standard Bank |
||||||||
|
Africa Equity Index Total Return |
(2,37% |
9,27% |
5,50% |
- |
- |
- |
- |
|
|
Africa Commodity Basket Index |
(1,51%) |
2,22% |
9,40% |
- |
- |
- |
- |
|
|
Gold-Linker |
(3,57%) |
0,44% |
(3,24%) |
30,61% |
- |
- |
- |
|
|
Silver-Linker |
(10,42%) |
10,52% |
0,98% |
(3,46%) |
- |
- |
- |
|
|
Palladium-Linker |
(8,21%) |
(4,62%) |
(1,82%) |
(5,51%) |
- |
- |
- |
|
|
Platinum-Linker |
(2,60%) |
11,32% |
2,12% |
3,13% |
- |
- |
- |
|
|
Copper ETN |
0,00% |
6,09% |
16,10% |
- |
- |
- |
- |
|
|
Corn ETN |
(0,54%) |
(8,18%) |
(1,60%) |
- |
- |
- |
- |
|
|
Oil ETN |
(0,38%) |
(2,07%) |
22,13% |
- |
- |
- |
- |
|
|
Wheat ETN |
(1,00%) |
(8,62%) |
(4,60%) |
- |
- |
- |
- |
|
|
* |
Exchange Traded Fund (ETF). |
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|
Source: |
Profile Media – FundsData (30/03/2012) |
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|
MONTHLY PERFORMANCE SURVEY OF INDEX TRACKING ETFS, ETNs AND UNIT TRUSTS For Period Ended 30 March 2012 (Total Returns – dividends reinvested) |
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|
C) INDEX TRACKING UNIT TRUSTS |
1 Month |
3 Months |
1 Year |
3 years p.a. |
5 years p.a. |
|
|
1. TOP 40 PRODUCTS |
|
|
|
|
|
|
|
FTSE/JSE Top 40 Index |
(2,28%) |
5,10% |
4,78% |
20,98% |
6,57% |
|
|
Kagiso Top 40 Tracker Fund |
(2,33%) |
4,96% |
4,25% |
20,20% |
5,81% |
|
|
Old Mutual Top 40 Fund |
(2,28%) |
4,92% |
3,90% |
19,95% |
5,29% |
|
|
Stanlib ALSI 40 Fund |
(2,30%) |
5,04% |
4,49% |
20,42% |
6,29% |
|
|
SIM Index Fund |
(2,38%) |
4,80% |
3,51% |
19,45% |
5,28% |
|
|
Momentum Top 40 Index Fund |
(2,04%) |
5,26% |
4,33% |
20,07% |
5,43% |
|
|
SIM Equally Weighted Top 40 Index Fund |
(0,96%) |
8,79% |
9,45% |
|||
|
2. All Other Index Tracking Products |
|
|
|
|
|
|
|
FTSE/JSE All Share Index |
(1,41%) |
6,00% |
7,29% |
22,16% |
7,22% |
|
|
Sanlam All Share Index Fund |
(1,50%) |
5,84% |
6,90% |
21,57% |
- |
|
|
Gryphon All Share Tracker Fund |
(0,78%) |
6,41% |
7,26% |
21,91% |
6,64% |
|
|
Stanlib Index Fund |
(1,42%) |
5,83% |
8,75% |
21,19% |
6,95% |
|
|
SIM RAFI 40 Index Fund |
(1,31%) |
6,59% |
- |
- |
- |
|
|
Grindrod RAFI Enhanced SA Strategy Fund |
(1,35%) |
6,03% |
6,37% |
21,86% |
- |
|
|
Old Mutual RAFI 40 Tracker Fund |
(1,49%) |
6,40% |
6,34% |
23,68% |
- |
|
|
Prudential Enhanced SA Property Tracker Fund |
2,08% |
7,26% |
18,95% |
20,10% |
12,54% |
|
|
SIM Dividend Plus Index Fund |
1,20% |
12,33% |
- |
- |
- |
|
|
Source: |
Profile Media – FundsData (30/03/2012) |
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