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 8.41 |
| Fund size | R 191 874 557.31 |
| Index value | 48.58 |
| Distributable amount | 4.65c |
| 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) |
ETF Fund Holdings
| Share Code | Share Name | Weight (%) |
|---|---|---|
| GRT | Growthpoint Properties Ltd | 7.2% |
| NRP | Nepi Rockcastle PLC | 6.2% |
| FFB | Fortress Reit Limited B | 5.6% |
| LTE | Lighthouse Capital Limited | 5.5% |
| SAC | SA Corporate Real Estate Fund | 5.2% |
| RDF | Redefine Properties Limited | 5.2% |
| VKE | Vukile Property Fund Ltd | 4.9% |
| EMI | Emira Property Fund Limited | 4.8% |
| IPF | Investec Property Fund Limited | 4.7% |
| RES | Resilient Property Income Fund Ltd | 4.7% |
| FFA | Fortress Reit Limited A | 4.6% |
| EPP | Echo Polska Properties NV | 4.6% |
| HYP | Hyprop Investments Ltd | 4.4% |
| EQU | Equites Property Fund Limited | 3.8% |
| IAP | Investec Australia Property Fund | 3.7% |
| HMN | Hammerson Plc | 3.7% |
| SSS | Stor-age Property Reit Ltd | 3.7% |
| RPL | RDI Reit Plc | 3.5% |
| SRE | Sirius Real Estate Ltd | 3.4% |
| ATT | Attacq Limited | 3.3% |
| MSP | MAS REAL ESTATE | 3.3% |
| CCO | Capital and Countries Properties Plc | 2.4% |