Fund Summary

This is our flagship Smart Beta or Factor strategy. By tracking the Scientific Beta Multi-factor Index, this fund brings you exposure to well-rewarded, academically grounded risk factors while diversifying away from non-rewarded, non-systematic risks. Constructed and maintained by the EDHEC-Risk Institute in France, the index gives you exposure to the 51 largest and most liquid shares listed on the JSE.

Benefits to Investors

Diversification

Access to multiple factor and risk premiums in the local equity market, held equally

Risk Management

No single stock concentration and the use of diversified weighting schemes.

Active Replacement

The strategy competes directly with the value preposition of active management, at a much lower cost and greater transparency.

ETF Details

Current price / NAV
Fund sizeR 123 250 893.49
Index value621.44
Distributable amount18.98c
Launch date10 July 2019
Shares in issue2 702 000
Share codeSMART
Listing priceR 45.40
Market makerSanlam Private Wealth (SPW)
TER0.55% (Expected)

Unit Trust Details

Current price / NAV
Fund sizeR 51 760 028
Launch date2 October 2017
Last 12 month distributions4.22
TER0.52%

General Fund Details

ClassificationSouth African – Equity – General
BenchmarkScientific Beta CS South Africa 6F-EW Index
Distribution datesMarch, June, September, December
Asset managerCoreShares Asset Management
TrusteeSociété Générale Johannesburg Branch
AuditorDeloitte
Risk profileAggressive (5/5)

ETF Fund Holdings

Share CodeShare NameWeight (%)
S32SOUTH32 LIMITED6.09
BHPBHP GROUP PLC5.3
ANHANHEUSER-BUSCH INBEV SA/N5.23
ANGANGLOGOLD ASHANTI4.76
MTNMTN GROUP LTD4.5
GRTGROWTHPOINT PROPS LTD3.22
CCOCAPITAL & COUNTIES PROPS3.05
CFRCOM FINANCE RICHMONT SA3.05
BIDBID CORPORATION LIMITED3.03
HMNHAMMERSON PLC2.59
WHLWOOLWORTHS HLDS LTD2.53
IMPIMPALA PLATINUM HOLDINGS2.08
BVTBIDVEST GROUP LTD1.98
SPPSPAR GROUP1.98
AGLANGLO AMERICAN PLC1.95
REMREMGRO LIMITED1.94
RDFREDEFINE PROP LTD1.92
ABGABSA GROUP LTD1.86
SBKSTANDARD BANK GROUP LTD1.85
TBSTIGER BRANDS LIMITED1.85
TFGTHE FOSCHINI GROUP LTD1.85
SOLSASOL LTD1.7
SLMSANLAM LIMITED1.68
QLTQUILTER PLC1.64
CPICAPITEC BANK HOLDING1.61
MCGMULTICHOICE GROUP LTD1.61
CLSCLICKS GROUP LTD1.49
LHCLIFE HEALTHCARE GROUP HOL1.42
MEIMEDICLINIC INTERNAT PLC1.38
NRPNEPI ROCKCASTLE PLC1.38
PSGPSG GROUP LIMITED1.36
GLNGLENCORE XSTRATA PLC1.34
NPNNASPERS LTD-N SHS1.31
OMUOLD MUTUAL LTD1.31
NEDNEDBANK GROUP LTD1.26
AVIAVI LIMITED1.24
FFAFORTRESS REIT LTD - A1.23
INLINVESTEC LIMITED1.23
EXXEXXARO RESOURCES LTD1.18
BAWBARLOWORLD LIMITED1.1
GFIGOLD FIELDS LIMITED1.09
TRUTRUWORTHS INT LTD1.07
NTCNETCARE LIMITED1.06
RMIRMI HOLDINGS LTD (RMI)1.03
MTMMOMENTUM METRO HOLDINGS L0.99
PIKPICK N PAY STORES0.94
TKGTELKOM SA SOC LIMITED0.91
SAPSAPPI LIMITED0.77
HYPHYPROP INV LTD0.76
AMSANGLO AMERICAN PLATINUM0.69
DSYDISCOVERY LTD0.55
Fund weightings ending 30 September 2019

Unit Trust Fund Holdings

Share CodeShare NameWeight (%)
S32SOUTH32 LIMITED6.1
BHPBHP GROUP PLC5.31
ANHANHEUSER-BUSCH INBEV SA/N5.25
ANGANGLOGOLD ASHANTI4.77
MTNMTN GROUP LTD4.51
GRTGROWTHPOINT PROPS LTD3.23
CCOCAPITAL & COUNTIES PROPS3.02
CFRCOM FINANCE RICHMONT SA3.02
BIDBID CORPORATION LIMITED3
HMNHAMMERSON PLC2.56
WHLWOOLWORTHS HLDS LTD2.51
IMPIMPALA PLATINUM HOLDINGS2.06
BVTBIDVEST GROUP LTD1.98
SPPSPAR GROUP1.97
AGLANGLO AMERICAN PLC1.95
REMREMGRO LIMITED1.94
RDFREDEFINE PROP LTD1.9
ABGABSA GROUP LTD1.85
TBSTIGER BRANDS LIMITED1.85
TFGTHE FOSCHINI GROUP LTD1.85
SBKSTANDARD BANK GROUP LTD1.83
SOLSASOL LTD1.7
SLMSANLAM LIMITED1.67
QLTQUILTER PLC1.64
CPICAPITEC BANK HOLDING1.61
MCGMULTICHOICE GROUP LTD1.61
CLSCLICKS GROUP LTD1.49
LHCLIFE HEALTHCARE GROUP HOL1.42
MEIMEDICLINIC INTERNAT PLC1.38
NRPNEPI ROCKCASTLE PLC1.38
PSGPSG GROUP LIMITED1.36
GLNGLENCORE XSTRATA PLC1.32
NPNNASPERS LTD-N SHS1.31
OMUOLD MUTUAL LTD1.31
NEDNEDBANK GROUP LTD1.26
AVIAVI LIMITED1.24
FFAFORTRESS REIT LTD - A1.23
INLINVESTEC LIMITED1.23
EXXEXXARO RESOURCES LTD1.18
BAWBARLOWORLD LIMITED1.1
GFIGOLD FIELDS LIMITED1.09
TRUTRUWORTHS INT LTD1.07
NTCNETCARE LIMITED1.06
RMIRMI HOLDINGS LTD (RMI)1.03
MTMMOMENTUM METRO HOLDINGS L0.99
PIKPICK N PAY STORES0.94
TKGTELKOM SA SOC LIMITED0.91
SAPSAPPI LIMITED0.77
HYPHYPROP INV LTD0.76
AMSANGLO AMERICAN PLATINUM0.69
DSYDISCOVERY LTD0.55
Fund weightings ending 30 September 2019