Monthly etfSA.co.za SA ETF, ETN & Index Tracking Product Survey
Short-Term Performance – 1 month to 1 year
In difficult market conditions, when the FTSE/JSE All Share Index only increased by 2,28% for the year ended 30 December 2011, astute investors were able to find significant outperformance in different market sectors and asset classes, particularly commodities. The Absa Capital NewGold ETF appreciated by 36,68% over the year, closely followed by the Standard Bank Gold-Linker ETN. Direct investment in oil futures, which was facilitated by the listing of Exchange Traded Notes giving exposure to crude oil markets, was also very profitable.
The best performance by a purely equity based ETF over the past year was provided by the DBX Tracker MSCI USA ETF, which gave a total return of 21,32%.
Medium-Term Performance – 2-3 years
The Satrix ETF products, which provide exposure to the main FTSE/JSE indices indicate that the general recovery in the local equity market over the past 3 years has rewarded the prudent investor. The returns per annum over the past 3 years of Satrix INDI 25 ETF (21,41%) Satrix DIVI ETF (21,22%) and the Satrix RAFI 40 ETF (19,80%), place these products in the top ten percent of all unit trusts and ETF products available to the retail market in South Africa over this period.
|
Best Performing Index Tracker Funds – 30 December 2011 (Total Return %)* |
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|
Fund Name |
Type |
5 Years (per annum) |
|
Fund Name |
Type |
3 Years (per annum) |
|
NewGold |
ETF |
23,09% |
Satrix INDI 25 |
ETF |
21,45% |
|
|
Satrix INDI 25 |
ETF |
14,17% |
Satrix DIVI |
ETF |
21,22% |
|
|
Prudential Property Enhanced |
12,07% |
Satrix RAFI 40 |
ETF |
19,80% |
||
|
2 Years (per annum) |
|
|
|
1 Year |
||
|
NewGold |
ETF |
25,56% |
NewGold |
ETF |
36,68% |
|
|
Satrix INDI 25 |
ETF |
18,00% |
Standard Bank Gold-Linker |
ETN |
34,19% |
|
|
Proptrax SAPY |
ETF |
17,48% |
RMB Oil |
ETN |
21,97% |
|
|
DBX Tracker MSCI USA |
ETF |
21,32% |
||||
|
6 Months |
|
|
|
3 Months |
||
|
NewGold |
ETF |
25,43% |
RMB Oil |
ETN |
26,83% |
|
|
RMB Oil |
ETN |
23,42% |
Standard Bank Oil-Linker |
ETN |
24,71% |
|
|
Standard Bank Gold-Linker |
ETN |
23,37% |
DBX Tracker MSCI USA |
ETF |
10,89% |
|
|
1 Month |
|
|
|
|
||
|
DBX Tracker MSCI Emerging Markets |
ETN |
9,70% |
||||
|
Standard Bank Palladium-Linker |
ETN |
4,77% |
||||
|
Source: Profile Media FundsData (30/12/2011) * Includes reinvestment of dividends. |
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|
MONTHLY PERFORMANCE SURVEY OF INDEX TRACKING ETFS, ETNs AND UNIT TRUSTS For Period Ended 30 December 2011 (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 |
(3,22%) |
8,44% |
1,33% |
1,80% |
9,84% |
16,77% |
7,49% |
|
BIPS Top 40 Portfolio |
(3,23%) |
8,36% |
1,19% |
1,58% |
9,57% |
16,44% |
- |
|
Nedbank BettaBeta Equally Weighted Top 40 |
(2,53%) |
5,71% |
2,89% |
4,16% |
- |
- |
- |
|
Satrix 40 Portfolio |
(3,64%) |
7,84% |
0,54% |
0,95% |
9,16% |
16,07% |
7,01% |
|
Satrix SWIX Top 40 Portfolio A |
(2,84%) |
7,56% |
1,99% |
2,98% |
10,82% |
16,11% |
7,20% |
|
Stanlib Top 40 |
0,89% |
5,69% |
2,67% |
1,75% |
- |
- |
- |
|
Stanlib Swix Top 40 |
4,59% |
4,77% |
9,03% |
10,96% |
- |
- |
- |
|
2. JSE Sector Exposure ETFs |
|
|
|
|
|
|
|
|
FTSE/JSE Industrial 25 Index |
(2,43%) |
8,97% |
5,44% |
10,53% |
18,74% |
22,17% |
12,61% |
|
NewFunds eRAFI INDI 25 |
(2,33%) |
6,22% |
3,22% |
4,94% |
15,58% |
- |
- |
|
Satrix INDI 25 |
(2,78%) |
8,45% |
4,80% |
9,69% |
18,00% |
21,45% |
12,07% |
|
FTSE/JSE Financial 15 Index |
1,91% |
8,68% |
5,26% |
7,59% |
12,26% |
17,04% |
4,04% |
|
NewFunds eRAFI FINI 15 |
1,39% |
8,49% |
2,39% |
4,85% |
8,49% |
- |
- |
|
Satrix FINI 15 |
1,01% |
8,60% |
3,64% |
5,54% |
10,10% |
15,05% |
2,61% |
|
FTSE/JSE Resources 10 Index |
(5,17%) |
7,71% |
(3,48%) |
(7,58%) |
2,68% |
13,08% |
5,57% |
|
NewFunds eRAFI RESI 20 |
(4,37%) |
6,65% |
(5,95%) |
(7,94%) |
1,79% |
- |
- |
|
Satrix RESI 10 |
(5,54%) |
7,19% |
(4,11%) |
(8,32%) |
2,02% |
12,38% |
5,02% |
|
3. Bond (Fixed Interest) ETFs |
|
|
|
|
|
|
|
|
All Bond Total Return Index |
0,70% |
3,49% |
6,46% |
8,93% |
11,93% |
7,37% |
8,59% |
|
zShares GOVI |
0,66% |
(0,62%) |
6,11% |
8,40% |
11,18% |
6,71% |
- |
|
BIPS Inflation Linked (Inflation-X) |
1,93% |
4,03% |
7,28% |
12,45% |
11,34% |
- |
- |
|
MONTHLY PERFORMANCE SURVEY OF INDEX TRACKING ETFS, ETNs AND UNIT TRUSTS For Period Ended 30 December 2011 (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 |
2,43% |
4,46% |
4,69% |
6,60% |
17,48% |
15,64% |
- |
|
|
Proptrax TEN |
2,66% |
5,46% |
5,78% |
- |
- |
- |
- |
|
|
5. “Style” ETFs |
|
|
|
|
|
|
|
|
|
FTSE/JSE All Share Index |
(2,45%) |
8,38% |
2,05% |
2,28% |
10,85% |
17,56% |
8,09% |
|
|
NewFunds Shari’ah Top 40 |
(5,02%) |
7,07% |
(3,46%) |
(5,21%) |
3,61% |
- |
- |
|
|
NewFunds NewSA |
(6,47%) |
3,92% |
(1,82%) |
(1,33%) |
6,14% |
14,28% |
- |
|
|
NewFunds NewRand |
(3,32%) |
2,83% |
1,04% |
(0,56%) |
7,21% |
12,07% |
6,55% |
|
|
NewFunds eRAFI Overall |
(1,00%) |
8,04% |
2,51% |
2,48% |
10,73% |
17,83% |
- |
|
|
NewFunds MAPPS – Protect |
(0,19%) |
5,23% |
4,41% |
- |
- |
- |
- |
|
|
NewFunds MAPPS – Growth |
(1,59%) |
6,70% |
2,96% |
- |
- |
- |
- |
|
|
Satrix DIVI Plus |
(0,62%) |
9,02% |
6,74% |
3,65% |
15,61% |
21,22% |
- |
|
|
Satrix RAFI Total Return |
(1,60%) |
8,77% |
1,38% |
3,19% |
11,75% |
19,80% |
- |
|
|
6. Foreign ETFs |
|
|
|
|
|
|
|
|
|
MSCI World Index (in Rands) |
1,20% |
6,74% |
9,13% |
13,34% |
5,09% |
4,44% |
(1,72%) |
|
|
DBX Tracker MSCI EuroStoxx 50 |
(4,55%) |
3,31% |
(12,85%) |
0,29% |
(10,06%) |
(7,04%) |
(6,65%) |
|
|
DBX Tracker MSCI FTSE 100 |
(1,39%) |
7,68% |
8,45% |
15,81% |
6,47% |
7,97% |
(1,57%) |
|
|
DBX Tracker MSCI USA |
0,21% |
10,89% |
13,10% |
21,32% |
11,00% |
7,68% |
- |
|
|
DBX Tracker MSCI Japan |
(3,10% |
(5,44%) |
5,87% |
3,70% |
2,20% |
(4,39%) |
- |
|
|
DBX Tracker MSCI World |
(0,94%) |
6,85% |
5,78% |
13,11% |
6,06% |
4,62% |
- |
|
|
Source: |
Profile Media – FundsData (30/12/2011) |
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|
MONTHLY PERFORMANCE SURVEY OF INDEX TRACKING ETFS, ETNs AND UNIT TRUSTS For Period Ended 30 December 2011 (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 |
||||||||
|
DB MSCI China Total Return |
(3,60%) |
9,03% |
- |
- |
- |
- |
- |
|
|
DB MSCI Emerging Markets Total Return |
9,70% |
5,99% |
- |
- |
- |
- |
- |
|
|
DB Africa Top 50 Capped Total Return |
(1,82%) |
1,70% |
- |
- |
- |
- |
- |
|
|
NewFunds |
||||||||
|
NewGold* |
(7,42%) |
1,45% |
25,43% |
36,68% |
25,56% |
15,33% |
23,09% |
|
|
Rand Merchant Bank |
||||||||
|
RMB Oil |
(1,53%) |
26,83% |
23,42% |
21,97% |
- |
- |
- |
|
|
RMB Coal |
(4,80%) |
(12,27%) |
(2,41%) |
- |
- |
- |
- |
|
|
Standard Bank |
||||||||
|
Africa Equity Index Total Return |
(4,43%) |
(3,45%) |
(6,56%) |
- |
- |
- |
- |
|
|
Africa Commodity Basket Index |
(6,08%) |
7,02% |
- |
- |
- |
- |
- |
|
|
Gold-Linker |
(11,91%) |
(3,66%) |
23,37% |
34,19% |
- |
- |
- |
|
|
Silver-Linker |
(15,88%) |
(8,63%) |
(5,42%) |
8,92% |
- |
- |
- |
|
|
Palladium-Linker |
4,77% |
2,93% |
(1,00%) |
(4,21%) |
- |
- |
- |
|
|
Platinum-Linker |
(14,91%) |
(8,26%) |
(4,60%) |
(5,48%) |
- |
- |
- |
|
|
Copper ETN |
(0,81%) |
9,44% |
- |
- |
- |
- |
- |
|
|
Corn ETN |
2,98% |
7,16% |
- |
- |
- |
- |
- |
|
|
Oil ETN |
(0,25%) |
24,71% |
- |
- |
- |
- |
- |
|
|
Wheat ETN |
3,17% |
4,39% |
- |
- |
- |
- |
- |
|
|
* |
Exchange Traded Fund (ETF). |
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|
Source: |
Profile Media – FundsData (30/12/2011) |
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|
MONTHLY PERFORMANCE SURVEY OF INDEX TRACKING ETFS, ETNs AND UNIT TRUSTS For Period Ended 30 December 2011 (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 |
(3,22%) |
8,44% |
1,80% |
16,77% |
7,49% |
|
|
Kagiso Top 40 Tracker Fund |
(3,32%) |
8,19% |
1,20% |
16,14% |
6,70% |
|
|
Old Mutual Top 40 Fund |
(3,32%) |
8,03% |
0,92% |
15,90% |
6,15% |
|
|
Stanlib ALSI 40 Fund |
(1,60%) |
9,07% |
1,51% |
16,20% |
7,10% |
|
|
SIM Index Fund |
(3,33%) |
8,10% |
0,50% |
15,28% |
6,18% |
|
|
Momentum Top 40 Index Fund |
(0,75%) |
8,99% |
1,02% |
15,91% |
6,20% |
|
|
2. All Other Index Tracking Products |
|
|
|
|
|
|
|
FTSE/JSE All Share Index |
(2,45%) |
8,38% |
2,28% |
17,56% |
8,09% |
|
|
Sanlam All Share Index Fund |
(2,63%) |
8,46% |
2,06% |
16,95% |
- |
|
|
Gryphon All Share Tracker Fund |
(1,85%) |
8,78% |
1,70% |
16,61% |
7,05% |
|
|
Stanlib Index Fund |
(1,05%) |
9,22% |
1,55% |
16,66% |
7,76% |
|
|
Plexus RAFI Enhanced SA Strategy Fund |
0,92% |
8,37% |
0,96% |
16,50% |
- |
|
|
Old Mutual RAFI 40 Tracker Fund |
(1,63%) |
8,66% |
1,94% |
18,01% |
- |
|
|
Prudential Enhanced SA Property Tracker Fund |
2,01% |
3,36% |
8,60% |
17,25% |
14,17% |
|
|
Source: |
Profile Media – FundsData (30/12/2011) |
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