CoreShares Preftrax

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

Factsheet

Invest

ETF Details

Share code	PREFTX
Current price / NAV	R 7.82
Fund size	R 336 075 045.55
Index value	742.19
Distributable amount	19.62c
Market maker	Sanlam Private Wealth (SPW)
TER	0.63%

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	Absa Bank Limited
Auditor	Deloitte
Risk profile	Conservative (2/5)

CoreShares Preftrax ETF NAV Prices

ETF Fund Holdings

Download ETF fund holdings data

Date	Ticker	Name	Weight
5/31/2021	SBPP	Standard Bank Group Ltd Preference S	19.20%
5/31/2021	FSRP	Firstrand Ltd B Preference Shares	16.24%
5/31/2021	ABSP	Absa Bank Ltd Preference Shares	15.09%
5/31/2021	NBKP	Nedbank Ltd Preference Shares	14.46%
5/31/2021	INPR	Investec Ltd Preference Share	11.33%
5/31/2021	PGFP	PSF Financial Services Preference Sh	6.98%
5/31/2021	INLP	Investec Bank Ltd Preference Share	5.71%
5/31/2021	DSBP	Discovery B Preference Shares	3.28%
5/31/2021	IVTP	Invicta Holdings Holdings Ltd Pref S	2.65%
5/31/2021	GNDP	Grindrod Ltd Cum Pref Share	2.64%
5/31/2021	NTCP	Netcare Preference Share Ltd	2.43%

Fund weightings ending 31 May 2021

ETF Fund Distributions

Quarter Ended	Cents Per Unit (CPU)
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

All distributions are gross distributions (before dividends withholdings tax)
All distributions made prior to December 2013 relate to PrefEx
December 2013: Special distribution relating to the conversion of PrefEx into a portfolio of a collective investment scheme