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 116 053 265.49
Index value608.92
Distributable amount2.86c
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(%)
ANHANHEUSER-BUSCH INBEV SA/N5.73
S32SOUTH32 LIMITED5.45
MTNMTN GROUP LTD5.17
BHPBHP GROUP PLC4.83
ANGANGLOGOLD ASHANTI4.77
GRTGROWTHPOINT PROPS LTD3.5
CFRCOM FINANCE RICHMONT SA3.3
BIDBID CORPORATION LIMITED2.79
WHLWOOLWORTHS HLDS LTD2.66
GFIGOLD FIELDS LIMITED2.57
RDFREDEFINE PROP LTD2.27
CCOCAPITAL & COUNTIES PROPS2.2
TBSTIGER BRANDS LIMITED2.09
ABGABSA GROUP LTD2.01
REMREMGRO LIMITED2.01
SOLSASOL LTD2.01
NPNNASPERS LTD-N SHS1.97
TFGTHE FOSCHINI GROUP LTD1.93
SBKSTANDARD BANK GROUP LTD1.84
BVTBIDVEST GROUP LTD1.83
SPPSPAR GROUP1.83
SLMSANLAM LIMITED1.72
IMPIMPALA PLATINUM HOLDINGS1.7
AGLANGLO AMERICAN PLC1.67
HMNHAMMERSON PLC1.61
EXXEXXARO RESOURCES LTD1.58
CLSCLICKS GROUP LTD1.44
QLTQUILTER PLC1.44
LHCLIFE HEALTHCARE GROUP HOL1.43
CPICAPITEC BANK HOLDING1.39
PSGPSG GROUP LIMITED1.38
AVIAVI LIMITED1.37
FFAFORTRESS REIT LTD - A1.34
INLINVESTEC LIMITED1.33
TRUTRUWORTHS INT LTD1.33
MEIMEDICLINIC INTERNAT PLC1.31
OMUOLD MUTUAL LTD1.3
NEDNEDBANK GROUP LTD1.29
BAWBARLOWORLD LIMITED1.28
NRPNEPI ROCKCASTLE PLC1.22
TKGTELKOM SA SOC LIMITED1.22
SAPSAPPI LIMITED1.19
GLNGLENCORE XSTRATA PLC1.15
RMIRMI HOLDINGS LTD (RMI)1.12
PIKPICK N PAY STORES1.09
NTCNETCARE LIMITED1.07
MTMMOMENTUM METRO HOLDINGS L0.91
HYPHYPROP INV LTD0.9
AMSANGLO AMERICAN PLATINUM0.69
DSYDISCOVERY LTD0.61
Fund weightings ending 31 July 2019

Unit Trust Fund Holdings

Share CodeShare NameWeight (%)
ANHANHEUSER-BUSCH INBEV SA/N 5.73
S32SOUTH32 LIMITED 5.44
MTNMTN GROUP LTD 5.16
BHPBHP GROUP PLC 4.82
ANGANGLOGOLD ASHANTI 4.76
GRTGROWTHPOINT PROPS LTD 3.49
CFRCOM FINANCE RICHMONT SA 3.29
BIDBID CORPORATION LIMITED 2.79
WHLWOOLWORTHS HLDS LTD 2.66
GFIGOLD FIELDS LIMITED 2.56
RDFREDEFINE PROP LTD 2.26
CCOCAPITAL & COUNTIES PROPS 2.20
TBSTIGER BRANDS LIMITED 2.08
REMREMGRO LIMITED 2.01
SOLSASOL LTD 2.01
ABGABSA GROUP LTD 2.00
NPNNASPERS LTD-N SHS 1.97
TFGTHE FOSCHINI GROUP LTD 1.93
SBKSTANDARD BANK GROUP LTD 1.84
BVTBIDVEST GROUP LTD 1.83
SPPSPAR GROUP 1.83
SLMSANLAM LIMITED 1.72
IMPIMPALA PLATINUM HOLDINGS 1.70
AGLANGLO AMERICAN PLC 1.67
HMNHAMMERSON PLC 1.60
EXXEXXARO RESOURCES LTD 1.58
CLSCLICKS GROUP LTD 1.43
QLTQUILTER PLC 1.43
LHCLIFE HEALTHCARE GROUP HOL 1.42
CPICAPITEC BANK HOLDING 1.39
PSGPSG GROUP LIMITED 1.38
AVIAVI LIMITED 1.37
FFAFORTRESS REIT LTD - A 1.34
INLINVESTEC LIMITED 1.33
TRUTRUWORTHS INT LTD 1.33
MEIMEDICLINIC INTERNAT PLC 1.31
NEDNEDBANK GROUP LTD 1.29
OMUOLD MUTUAL LTD 1.29
BAWBARLOWORLD LIMITED 1.28
NRPNEPI ROCKCASTLE PLC 1.22
TKGTELKOM SA SOC LIMITED 1.22
SAPSAPPI LIMITED 1.19
GLNGLENCORE XSTRATA PLC 1.15
RMIRMI HOLDINGS LTD (RMI) 1.12
PIKPICK N PAY STORES 1.09
NTCNETCARE LIMITED 1.07
MTMMOMENTUM METRO HOLDINGS L 0.91
HYPHYPROP INV LTD 0.90
AMSANGLO AMERICAN PLATINUM 0.69
DSYDISCOVERY LTD 0.61
Fund weightings ending 31 July 2019
* Top 100 holdings displayed. To view full holdings, please contact us.