Fund Summary
This ETF tracks the performance of the FTSE/JSE Preference Share Index and is part of our equity income range. It is useful within a diversified income strategy, particularly for high marginal tax payers as it pays a dividend and not income.
Benefits to Investors
Tax
Preference shares pay a tax efficient dividend yield
Income
The dividend is generally higher than general equity. Dividends are contractual and calculated as a percentage of the prime lending rate
ETF Details
Share code | PREFTX |
Current price / NAV | R 10.33 |
Fund size | R 419 170 643.80 |
Index value | 992.0728155 |
Distributable amount | 14.53c |
Market maker | Sanlam Private Wealth (SPW) |
TER | 0.55% |
General Fund Details
Classification | South African - Equity - Unclassified |
Benchmark | FTSE/JSE Preference Share Index (J251) |
Distribution dates | March, June, September, December |
Asset manager | CoreShares Asset Management |
Trustee | Nedbank Limited |
Auditor | BDO South Africa Inc. |
Risk profile | Conservative (2/5) |
CoreShares Preftrax ETF NAV Prices
ETF Fund Holdings (daily)
ETF Fund Holdings (month-end)
Ticker | Name | Weight |
---|---|---|
SBPP | Standard Bank Group Ltd Preference S | 23.90% |
FSRP | Firstrand Ltd B Preference Shares | 21.33% |
ABSP | Absa Bank Ltd Preference Shares | 21.00% |
INPR | Investec Ltd Preference Share | 15.00% |
SHFF | Steinhoff Inv-Prefs | 5.76% |
DSBP | Discovery B Preference Shares | 3.84% |
IVTP | Invicta Holdings Holdings Ltd Pref S | 3.29% |
GNDP | Grindrod Ltd Cum Pref Share | 3.21% |
NTCP | Netcare Preference Share Ltd | 2.69% |
Fund weightings ending 31 May 2022
ETF Fund Distributions
Quarter Ended | Cents Per Unit (CPU) |
---|---|
March 2022 | 15.08 |
December 2021 | 7.03 |
September 2021 | 22.00 |
June 2021 | 20.70 |
March 2021 | 7.53 |
December 2020 | 6.36 |
September 2020 | 27.98 |
June 2020 | 28.27 |
March 2020 | 11.16 |
December 2019 | 9.06 |
September 2019 | 32.27 |
June 2019 | 23.45 |
March 2019 | 16.63 |
December 2018 | 9.27 |
September 2018 | 35.34 |
June 2018 | 23.27 |
March 2018 | 17.43 |
December 2017 | 14.64 |
September 2017 | 28.22 |
June 2017 | 18.53 |
March 2017 | 25.83 |
December 2016 | 11.29 |
September 2016 | 33.72 |
June 2016 | 16.35 |
March 2016 | 24.42 |
December 2015 | 12.12 |
September 2015 | 26.5 |
June 2015 | 18.19 |
March 2015 | 19.27 |
December 2014 | 11.97 |
September 2014 | 24.77 |
June 2014 | 24.79 |
March 2014 | 11.37 |
December 2013 | 6.46 |
November 2013 | 15.4 |
August 2013 | 24.38 |
May 2013 | 21.87 |
February 2013 | 12.35 |
November 2012 | 20.28 |
August 2012 | 15.6 |
May 2012 | 3.13 |