SOUTH AFRICA - REITWAY GLOBAL PROPERTY ESG PRESCIENT ETF

FUND ASSETS UNDER MANAGEMENT

R64m @ 31/03/24

FUND OBJECTIVE

Growth

MINIMUM INVESTMENT

1 Share

THE INVESTMENT OPPORTUNITY

The investment policy shall be to track as closely as possible the Index with the intention of allowing an investor to obtain market exposure to the constituent securities which are held in the portfolio. The portfolio will be passively managed in that the Manager will not buy and sell securities based on economic, financial and/or market analysis but rather, will buy and sell securities solely for the purposes of ensuring that the portfolio tracks the Index.

As such the investment objective and style of the portfolio will be full replication of the Index Accordingly, the financial or other condition of any company or entity include in the Index will not result in the elimination of its securities from the portfolio, unless the securities of such company or entity are removed from the Index itself

INVEST NOW

THE INDEX

The objective is to deliver a credible absolute and relative performance – while still maintaining a minimum ESG ranking of 90%. The REIT ESG ranking consists of five categories computed and maintained by Global Real Estate Sustainability Benchmark (known as GRESB).

BENEFITS

The ETF is the essence of diversification into liquid global real estate securities and offers:

  • Diversification: Real estate typically has low correlation to other asset classes thus increasing a portfolios risk-adjusted returns.
  • Intra-day liquidity: Ability to buy and sell securities just like stocks.
  • Transparency: Investors are provided with clear and timeley information about underlying holdings and other relevant information.
  • Dividends: Typically, regular income from rents. REITs have historically provided reduced volatility.
  • Performance: REITs have historically provided compelling returns relatives to other asset classes.

For more information on ETFs click here

MARKET MAKING AND TRADING INFORMATION:

Jane Street SA Trading Desk: (only to be contacted by brokers that are JSE members): [email protected] / +0044 203 787 3230

Jane Street European Institutional Trade team (back up): +0044 207 787 3333

Contact the appointed agent of the Manager, Prescient Structured Product Advisory (Pty) Limited (PSPA) to facilitate the trades in either the primary or secondary market that are in a basket that exceeds 100 000 shares.

The PSPA contact information for creations and redemptions is [email protected].

The PSPA contact information for trading and market making is [email protected].

 

Tax-Free Savings Account (TFSA)

TFSA was introduced as a means to encourage South Africans to build a savings pool over the long-term in a tax efficient manner. Tax payers are exempt from normal tax on contributions of up to R36 000 per tax year. (There is a total lifetime limit of R500 000).

The Reitway Global Property ESG Prescient ETF has been listed as an investment option, and can be accessed via most Stock Brokers and Investment Platform Providers (LISPs). LISP availability is shown below and will be updated as new platforms become accessible.

Benefits include (amongst others):

  • No tax on the income derived from the investment
  • No capital gains on the disposal of the investment

Let us assist you with this journey to tax efficient saving. Send Olivia Teek an email ([email protected]) containing your Name, Surname, ID number and Tax Number. Our administrator will then contact you for the FICA details required as well as the additional information you would require.

 

Launch date:
5 June 2023

Bloomberg ticker:
RWESG:SJ

Market Maker:
Jane Street Financial Limited 

ISIN number:
ZAE000322194

Benchmark:
Reitway Global Property ESG Index

 

JSE code:
RWESG

JSE Close price:
17h00 (CAT)

Asset Administrator:
Prescient Fund Services (Pty) Ltd

Management Company:
Prescient Management Company (RF) Pty Ltd

Management Fee:
0.60% (excl. VAT)

Suggested investment horizon:
3-5 years

Trustees:
Standard Chartered Bank

Rebalancing of Index:
Biannually after close of trading on the 3rd Friday of May and November.

Index Calculation Agent:
Global Property Research B.V.

PLATFORM / LISP AVAILABILITY