SOUTH AFRICA - REITWAY GLOBAL PROPERTY PRESCIENT ETF

FUND ASSETS UNDER MANAGEMENT

R62m @ 31/03/24

FUND OBJECTIVE

Growth

MINIMUM INVESTMENT

1 Share

THE INVESTMENT OPPORTUNITY

The primary objective of the ETF is to track a rule driven, market liquidity-based index, which aims to outperform traditional market cap weighted comparatives. The ETF is designed to give investors an exposure to global properties selected according to the reference index. This will be achieved by replicating and tracking the Reitway Global Property Index.

INVEST NOW

THE INDEX

The objective is to provide investors with efficient access to an actively managed global property portfolio through an instrument listed on the JSE.

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

Online Trading

Access through member firms on the Johannesburg Stock Exchange (JSE)

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 Satrix Reitway Global Property 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:
3 November 

Bloomberg ticker:
RWGPR:SJ

Market Maker:
Jane Street Financial Limited

ISIN number:
ZAE000328654

Benchmark:
Reitway Global Property Index

 

JSE code:
RWGPR

JSE Close price:
17h00 (CAT)

Listing Advisor:
Prescient Structured Products Advisory (Pty) Ltd

Asset Manager:
Prescient Management Company

Management Fee:
0.60% (excl. VAT)

Suggested investment horizon:
3-5 years

Trustees:
Standard Bank of South Africa Limited

Rebalancing of Index:
Biannually after close of trade on the 3rd Friday of March and September.

Index Calculation Agent:
Global Property Research B.V.

PLATFORM / LISP AVAILABILITY