Satrix divi – top performing collective investment scheme product over past three years

The Profile Media Group FundsData online web page shows that the top performing all equity fund (including all unit trusts and ETFs) for the past three years (to end September 2010) was the Satrix DIVI Plus Exchange Traded Fund. This outperformance was by some considerable amount, i.e. by some 8% per annum, which suggests that the quest for high yielding investment products has been the optimal investment strategy in recent years. The Profile FundsData page is reproduced below.

ETFs are Collective Investment Schemes, listed on the JSE, that track stockmarket indices on a passive basis, i.e. they do not try to outperform the benchmark, as in the case with actively managed unit trusts, but merely look to replicate the exact performance (capital growth plus distribution yields) of the index. Accordingly, it is extremely interesting that a passive fund, such as the Satrix DIVI can display significant leadership in the performance stakes amongst all actively managed unit trusts that are fully invested in equities.