Stay safe online. Now more than ever it’s important to be cybersafe. See our tips to help you stay safe online. Learn more
Skip Ribbon Commands
Skip to main content

Skip Navigation Linkssatrixcappedswixallshareindex Satrix Capped SWIX All Share Index Fund

Sanlam Investments
Skip Navigation LinksCore Funds

Satrix Capped SWIX All Share Index Fund

This fund tracks the FTSE/JSE Capped SWIX All Share Index, a broad market index including 99% of the full market cap of eligible JSE-listed companies.

The constituents are weighted by applying a SWIX free float which represents the proportion of a constituent’s share capital on the South African share register. In addition, each constituent weight is capped at 10% at each quarterly review. The fund tracks the index using optimisation techniques.

Fund Summary*

Satrix Capped SWIX All Share Index Fund

Launch Date: 03 May 2011
Fund Size:
Benchmark: STeFI+0.5% p.a.
Time Horizon: 0 - 2 years
*As at
Risk Profile: Conservative
Fund Classification: SA - Interest Bearing - Short Term
Min Investment Amount: Lump sum: R10 000 | Monthly: R500
Total Expense Ratio (TER):
Fees: View Fees
Launch Date: 03 May 2011
Fund Size:
Benchmark: STeFI+0.5% p.a.
Time Horizon: 0 - 2 years
Risk Profile: Conservative
Fund Classification: SA - Interest Bearing - Short Term
Min Investment Amount: Lump sum: R10 000 | Monthly: R500
Total Expense Ratio (TER):
Fees: View Fees
*As at 30 June 2019

*Minimum Disclosure Document

Fund Strategy

The fund aims to enhance yield by investing in a blend of floating rate note and credit instruments in a range of maturities. The fund is mandated to invest in unlisted financial instruments (derivatives) for efficient portfolio management. This portfolio may also invest in participatory interests of underlying unit trust portfolios.


Illustrative Cumulative Growth of an investment of R1 000

Performance

Annualised Total Return on a rolling monthly basis
(as at )
Retail Class Fund (%) Benchmark (%)

Annualised return is the weighted average compound growth rate over the period measured
Highest and Lowest Annual Returns since inception
Highest Annual % 9.91
Lowest Annual % 6.7

Minimum Disclosure Document

Performance Fees FAQ

Illustrative Cumulative Growth of an investment of R100

Sanlam Investment Management (SIM)
Enhanced Yield
STeFI+0.5%

Source of graph : Morningstar Direct

Sanlam Investment Management (SIM) Enhanced
Yield Fund
STeFI+0.5%

Source of graph : Morningstar Direct

This graph illustrates how an investment of R1 000 would have grown had you invested for the time period displayed. Like everything in life, all investments can change and come with some degree of risk. That’s why we need this disclaimer, to tell you that past performance is not necessarily a guide to future performance, and that the value of investments/units/unit trusts may go down as well as up. The performance shown by this graph happened in the past and is therefore not guaranteed to happen again in the future. The performance is calculated by taking into account initial and ongoing fund manager fees and assumes that you reinvested all the income earned by the fund over this period.

The other line on the graph is for the performance of the designated benchmark of the fund – normally either an index or other funds in the industry that are comparable to the fund you’ve chosen.

The Fund Manager has the right to close the portfolio to new investors in order to manage it more efficiently in accordance with its mandate. The actual fund performance can be viewed on the fund factsheet. Annualised return is the weighted average compound growth rate over the period measured.

*As at

All portfolios are managed and monitored by the Satrix Investment team, a group of individuals highly skilled in portfolio management, quantitative research, risk management and portfolio solutions. The Satrix team offers unparalleled experience in efficiently managing index-tracking portfolios. Under the leadership of CIO, Kingsley Williams, and Head of Portfolio Solutions, Nico Katzke, the team manages index-tracking assets in excess of R200 billion.

All portfolios are managed and monitored by the Satrix Investment team, a group of individuals highly skilled in portfolio management, quantitative research, risk management and portfolio solutions. The Satrix team offers unparalleled experience in efficiently managing index-tracking portfolios. Under the leadership of CIO, Kingsley Williams and Head of Portfolio Solutions, Nico Katzke, the team manages index-tracking assets in excess of R200 billion.

Traditional Investing (when you invest via a financial adviser or other)

Advice fee

Any advice fee is negotiable between the client and their financial adviser. An annual advice fee negotiated is paid via a repurchase of units from the investor.

Total Expense Ratio (TER)

This is the percentage of the value of the financial product that was incurred as expenses relating to the administration of the financial product. A higher TER does not necessarily imply a poor return, nor does a low TER imply a good return. The current TER may not necessarily be an accurate indication of future TERs.

Transaction Cost (TC)

This is the percentage of the value of the financial product that was incurred as costs relating to the buying and selling of the assets underlying the financial product. Transaction Costs are a necessary cost in administering the financial product and impacts financial product returns. It should not be considered in isolation as returns may be impacted by many other factors over time including market returns, the type of financial product, the investment decisions of the investment manager and the TER.

Satrix is the leading provider of index-tracking investment products and exchange traded funds (ETFs) in South Africa, with assets under management of R200 billion* invested in the range of ETFs, index-tracking unit trusts, life pooled and segregated portfolios that are specifically tailored for client-specific mandates or retail funds.

It pioneered index investing in South Africa, launching the flagship Satrix 40 ETF as the first locally-listed ETF in November 2000. The business services the institutional, intermediary, and individual investor markets. Satrix has proven expertise in risk management, portfolio analysis and index construction.

A core part of the Satrix purpose is to drive the democratisation of investments for all South Africans, where SatrixNOW, the no-minimum online investing platform, is a key enabler to provide access for South Africans to “Own the Market”.

The multi-award-winning business holds the largest market share in the ETF industry in South Africa at nearly 36%^. Visit the Satrix website.

*Source: Satrix, 31st December 2023
^Source: etfSA.co.za, 31st December 2023

Click here to read the commentary on the MDD.

Find an Adviser

Advanced Search

or
or

Find your nearest BlueStar

Start now. It’s the smartest thing you’ll do today.

Start Investing

Contact Us

Please complete the following information.

Sanlam Life Insurance is a licensed financial service provider.
Copyright © Sanlam