Monthly Plexcrown / etfSA performance survey bond and foreign etfs added to the survey

The Monthly Performance Survey now includes the following additional data:

· The average return of Collective Investment Schemes (unit trusts and ETFs) for each of the market sectors in which index tracking products are available is now shown. This indicates the relative performance of index tracking products versus actively managed funds. (Note: only Total Expense Ratios (TERs) and no other costs, including distribution costs, commissions, advisory fees and performance fees, are taken into account). Actively managed unit trusts typically have higher post TER costs than passively managed funds.

· The two Bond ETFs – Investec zGovi, which tracks a RSA Government fixed interest index and the BIPS Inflation-X which tracks an index of inflation listed RSA bonds, are now included in the Survey.

· Also included, for the first time, in the Monthly Performance Survey, are the Deutsche Bank DBX tracker ETFS, which offer exposure to major international stockmarket indices at very competitive costs and with low tracking error.

Best Performing Index Tracker Funds – July 2010 (Total Return %)
Fund Name	Type	5 Years (per annum)
Satrix INDI 25	ETF	17,55
Stanlib Index Fund	Unit Trust	15,46
Satrix 40	ETF	15,43
		3 Years (per annum)
Prudential Property Enhanced	Unit Trust	11,44
Satrix INDI 25	ETF	7,15
Stanlib SWIX Top 40	ETF	2,32
		1 Year
Proptrax	ETF	33,07
Satrix DIVI	ETF	28,50
Prudential Property Enhanced	Unit Trust	27,03
		6 Months
Proptrax	ETF	18,91
Prudential Property Enhanced	Unit Trust	18,10
Satrix DIVI	ETF	16,65
Source: PlexCrown/etfSA Monthly Performance Survey (July 2010)

The full PlexCrown/etfSA Performance Survey is attached. The PlexCrown/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.