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 186 961 026.64
Index value123.16
Distributable amount23.11c
Launch date30 October 2019
Shares in issue26 721 409
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
TrusteeSociété Générale Johannesburg Branch
AuditorDeloitte
Risk profileAggressive (5/5)

ETF Fund Holdings

Share CodeShare NameWeight (%)
GRTGrowthpoint Properties Ltd6.82
RDFRedefine Properties Limited5.9
NRPNepi Rockcastle PLC5.4
LTELighthouse Capital Limited4.9
FFBFortress Reit Limited B4.81
AHBARROWHEAD PROPERTIES LIMITED B4.73
OCTOctodec Investments Ltd4.46
SACSA Corporate Real Estate Fund4.33
HYPHyprop Investments Ltd4.32
EMIEmira Property Fund Limited4.2
FFAFortress Reit Limited A4.03
HMNHammerson Plc3.93
IAPInvestec Australia Property Fund3.69
EPPEcho Polska Properties NV3.59
RPLRDI Reit Plc3.51
VKEVukile Property Fund Ltd3.47
RESResilient Property Income Fund Ltd3.44
IPFInvestec Property Fund Limited3.34
SSSStor-age Property Reit Ltd3.1
EQUEquites Property Fund Limited3.05
L2DLiberty Two Degrees2.72
SRESirius Real Estate Ltd2.66
MSPMAS REAL ESTATE2.59
CCOCapital and Countries Properties Plc2.5
ATTAttacq Limited2.41
ITUIntu Properties Plc2.02
Fund weightings ending 31 January 2020