etfSA monthly South African ETF
Index tracking unit trust performance survey
The latest Monthly Performance Survey highlights the following:
· The Satrix INDI 25 ETF, which consists only of manufacturing, retail and industrial companies, so excludes the volatile financial and mining sectors, remains the top performing index tracking fund in South Africa for the 5 year and 1 year measurement periods. It returned 15,59% per annum for the past five years and 25,97% over the last 12 months.
· The Prudential Enhanced SA Property Tracker Fund, which is a unit trust, has knocked the Satrix DIVI off the top of the performance charts for the 3 year period, giving a total return of 19,88% per year over this period.
· Proptrax ETF, which tracks the SA Property Index of the 16 main listed property shares on the JSE, was amongst the best performing funds over the past three years, giving a total return of 17,66% per annum, but also was the best performer over the 1 month period.
This recent revival in property shares, following a strong dip early in 2011, suggest that the property sector is making a comeback as new counters are listed in this sector and corporate action takes place amongst some listed property companies. A new property ETF, which tracks an equally weighted basket of the top ten property companies, the Proptrax Ten, will be making its debut on the JSE in late May 2011.
|
Best Performing Index Tracker Funds – April 2011 (Total Return %)* |
||
|
Fund Name |
Type |
5 Years (per annum) |
|
Satrix INDI 25 |
ETF |
15,59% |
|
Prudential Property Enhanced |
Unit Trust |
13,81% |
|
Stanlib Index Fund |
Unit Trust |
12,06% |
|
3 Years (per annum) |
||
|
Prudential Property Enhanced |
Unit Trust |
19,88% |
|
Satrix DIVI Plus |
ETF |
18,18% |
|
Proptrax ETF |
ETF |
17,66% |
|
1 Year |
||
|
Satrix INDI 25 |
ETF |
25,97% |
|
NewFund eRafi INDI 25 |
ETF |
19,72% |
|
Satrix RAFI 40 |
ETF |
18,27% |
|
Satrix SWIX Top 40 |
ETF |
18,18% |
|
3 Months |
||
|
Satrix INDI 25 |
ETF |
6,66% |
|
Satrix SWIX Top 40 |
ETF |
5,76% |
|
BettaBeta EWT 40 |
ETF |
5,56% |
|
1 Month |
||
|
Proptrax ETF |
ETF |
7,32% |
|
Satrix DIVI |
ETF |
5,81% |
|
Satrix FINI 15 |
ETF |
5,77% |
|
Source: Profile Media FundsData (29/04/2011) * Includes reinvestment of dividends. |
||
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.
