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

Current price / NAV
Fund sizeR 158 514 271.06
Index value40.14
Distributable amount3.46c
Launch date30 October 2019
Shares in issue22 821 409
Share codeCSPROP
Listing priceR 15
Market makerSanlam Private Wealth (SPW)
TER0.46%* (The TER is an expected figure, once the fund reaches a one year track record, the actual figure will be published)

General Fund Details

ClassificationSouth African – Real Estate – General
BenchmarkSA Property Income Index
Distribution datesMarch, June, September, December
Asset managerCoreShares Asset Management
TrusteeAbsa Bank Limited
AuditorDeloitte
Risk profileAggressive (5/5)

ETF Fund Holdings

Share CodeShare NameWeight (%)
GRTGrowthpoint Properties Ltd7.5%
NRPNepi Rockcastle PLC7.3%
RDFRedefine Properties Limited5.5%
FFAFortress Reit Limited A5.4%
RESResilient Property Income Fund Ltd5.3%
LTELighthouse Capital Limited4.9%
SACSA Corporate Real Estate Fund4.8%
EQUEquites Property Fund Limited4.7%
IAPInvestec Australia Property Fund4.4%
HYPHyprop Investments Ltd4.3%
EMIEmira Property Fund Limited4.2%
IPFInvestec Property Fund Limited4.0%
SRESirius Real Estate Ltd4.0%
EPPEcho Polska Properties NV3.8%
VKEVukile Property Fund Ltd3.8%
RPLRDI Reit Plc3.8%
ATTAttacq Limited3.6%
L2DLiberty Two Degrees3.3%
SSSStor-age Property Reit Ltd3.3%
FFBFortress Reit Limited B3.2%
MSPMAS REAL ESTATE3.2%
CCOCapital and Countries Properties Plc3.1%
HMNHammerson Plc2.3%
Fund weightings ending 31 August 2020