Fund Summary
The fund tracks the SA Property Income Index (a custom index calculated independently by the S&P Dow Jones Indices). The SA Property Income Index is designed to measure the performance of large South African Listed Property Companies with an emphasis on higher yielding companies.
Benefits to Investors
Property
Investors can be reassured as this security is ultimately backed up by bricks and mortar
Inflation
This ETF offers broad exposure and access to the South African property market which can be seen as an inflationary hedge investment.
Income
The income received by property companies is paid out as income to investors quarterly, and the income is generally higher than equity
ETF Details
| Share code | CSPROP |
| Current price / NAV | R 10.54 |
| Fund size | R 268 090 849.59 |
| Index value | 60.24 |
| Distributable amount | 17.36c |
| Market maker | Sanlam Private Wealth (SPW) |
| TER | 0.46%* (The TER is an expected figure, once the fund reaches a one year track record, the actual figure will be published) |
General Fund Details
| Classification | South African – Real Estate – General |
| Benchmark | SA Property Income Index |
| Distribution dates | March, June, September, December |
| Asset manager | CoreShares Asset Management |
| Trustee | Absa Bank Limited |
| Auditor | Deloitte |
| Risk profile | Aggressive (5/5) |
CoreShares South Africa Property Income ETF NAV Prices
ETF Fund Holdings
| Date | Ticker | Name | Weight | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5/31/2021 | GRT | Growthpoint Properties Ltd | 7.47% | |||||||||
| 5/31/2021 | EMI | Emira Property Fund Limited | 6.29% | |||||||||
| 5/31/2021 | SAC | SA Corporate Real Estate Fund | 5.95% | |||||||||
| 5/31/2021 | RDF | Redefine Properties Limited | 5.88% | |||||||||
| 5/31/2021 | NRP | Nepi Rockcastle PLC | 5.78% | |||||||||
| 5/31/2021 | LTE | Lighthouse Capital Limited | 5.73% | |||||||||
| 5/31/2021 | VKE | Vukile Property Fund Ltd | 5.53% | |||||||||
| 5/31/2021 | FFB | Fortress Reit Limited B | 5.41% | |||||||||
| 5/31/2021 | HMN | Hammerson Plc | 4.97% | |||||||||
| 5/31/2021 | IPF | Investec Property Fund Limited | 4.96% | |||||||||
| 5/31/2021 | RES | Resilient REIT Limited | 4.94% | |||||||||
| 5/31/2021 | EPP | Echo Polska Properties NV | 4.72% | |||||||||
| 5/31/2021 | FFA | Fortress Reit Limited A | 4.41% | |||||||||
| 5/31/2021 | ATT | Attacq Limited | 4.21% | |||||||||
| 5/31/2021 | MSP | MAS Real Estate Inc | 3.85% | |||||||||
| 5/31/2021 | IAP | Irongate Group | 3.84% | |||||||||
| 5/31/2021 | EQU | Equites Property Fund Limited | 3.61% | |||||||||
| 5/31/2021 | HYP | Hyprop Investments Ltd | 3.53% | |||||||||
| 5/31/2021 | SSS | Stor-age Property Reit Ltd | 3.28% | |||||||||
| 5/31/2021 | SRE | Sirius Real Estate Ltd | 3.06% | |||||||||
| 5/31/2021 | CCO | Capital and Countries Properties Plc | 2.59% |
ETF Fund Distributions
| Quarter Ended | Cents Per Unit (CPU) |
|---|---|
| March 2021 | 9.10 |
| December 2020 | 14.54 |
| September 2020 | 4.10 |
| June 2020 | 5.87 |
| March 2020 | 20.08 |
| December 2019 | 25.45 |