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CORESHARES Preftrax (PREFTX)

CORESHARES Preftrax tracks the performance of the FTSE/JSE Preference Share Index which consists of non-convertible, floating rate perpetual preference shares.

Benefits to the investor:

  • Preference shares dividends are required to be paid out before ordinary dividends are paid out
  • Preference shares pay a tax efficient dividend yield
  • The dividend is generally higher than general equity. Dividends are contractual and calculated as a percentage of the prime lending rate

 

Invest in this Product

PREFTX

Index Benchmark

FTSE/JSE Preference Share Index – J251

About the ETF

Objective is to replicate the price and yield performance of the FTSE/JSE Preference Share Index before costs

Weighting

Market cap weighted (size weighted) – meaning larger companies have a higher weight in the ETF

Classification

South African – Equity – Unclassified

Total Expense Ratio (TER)

0.56%

ETF Launch Date

28 March 2012

Factsheets

Latest factsheet

Related Documents

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Pricing Data

Fund Prices

Net Asset Value per Preftrax R9.14
Distributable Amount 16.79c
Fund Size R433 205 203.42
FTSE/JSE Preference Share Index 899.00
Updated 23/06/2017

Fund Holdings
+

Fund Distributions
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Need help?

Don’t hestiate to ask us something. Email us directly info@coreshares.co.za or call us at +27 11 321 5571