etfsa monthly South African etf / index tracking unit trust performance survey
The etfSA Performance Survey is updated monthly and looks at total return performance over the period 1 month to 5 years for index tracking unit trusts and ETFs available to the retail investor in South Africa.
Fund that track the FTSE/JSE Industrial Sector continue to provide paramount performance. The Satrix INDI 25 ETF holds a clear head over any other tracker funds with a return of 17,63% per year over the past five years, 32,66% return over the last 12 months and 7,88% over the past 3 months.
The NewFunds eRAFI INDI 25 ETF, that tracks a basket of 25 local industrial shares, using the fundamental indexation method, has also produced above average total returns (27,75% over 1 year and 6,75% over the past three months), confirming the good performance by industrial shares in recent times.
The property sector also stands out as a prime performing area of the equity market. The Prudential Enhanced SA Property Tracker Fund, which is a unit trust that looks to achieve above market performance, by index enhancing methods, is in the top three funds for both the 5 year and 3 year periods. The Proptrax ETF, which uses purely beta methods of exactly tracking the SAPY index, has closely mirrored or exceeded the performance of the other property unit trusts, which use more active portfolio selection methods and remains a good option for investors seeking exposure to this asset class.
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Best Performing Index Tracker Funds – May 2011 (Total Return %)* |
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Fund Name |
Type |
5 Years (per annum) |
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Satrix INDI 25 |
ETF |
17,63% |
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Prudential Property Enhanced |
Unit Trust |
15,02% |
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Stanlib Index Fund |
Unit Trust |
12,53% |
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3 Years (per annum) |
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Prudential Property Enhanced |
Unit Trust |
22,53% |
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Proptrax ETF |
ETF |
20,93% |
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Satrix DIVI Plus |
ETF |
19,79% |
|
1 Year |
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Satrix INDI 25 |
ETF |
32,66% |
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NewFund eRafi INDI 25 |
ETF |
27,75% |
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Satrix RAFI 40 |
ETF |
24,31% |
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3 Months |
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Satrix INDI 25 |
ETF |
7,88% |
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Prudential Property Enhanced |
Unit Trust |
7,51% |
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NewFund eRAFI INDI 25 |
ETF |
6,75% |
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1 Month |
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DBX Tracker MSCI USA |
ETF |
3,05% |
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DBX Tracker MSCI World |
ETF |
2,55% |
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BIPS Inflation-X |
ETF |
1,92% |
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Source: Profile Media FundsData (31/05/2011) * Includes reinvestment of dividends. |
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The full etfSA Performance Survey is attached. The etfSA Performance Survey measures the total return (price changes plus reinvestment of dividends) for index tracking unit trusts and Exchange Traded Funds (ETFs) available to the retail public in South Africa. The performance table (attached) measures 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.
