Hot on the heels of their new Global Property ETF with a dividend yield of ±4%, Satrix are listing two new global ETFs that are in IPO until midday Thursday 12 February 2026. if you want to partake in the IPO contact your broker, they key benefit is you save on transaction fees. The listing date s 19 February 2026.
They are respectively covering Europe and Japan.
Both markets are currently covered by Sygnia ETFs with the Sygnia Itrix Euro Stoxx 50 ETF and the Sygnia Itrix MSCI Japan Index ETF.
But the new Satrix ETFs have much cheaper TERs and the Europe ETF has a very different index with some 600 stocks as apposed to the 50 in the Sygnia ETF.
I like both markets, but have concerns. With Japan the currency often hurts the return albeit that is true of all offshore indices if the Rand is strengthening as we’re seeing now. But the Japanese Yen seems extra volatile and when Buffett invested into Japan he hedged the currency by selling Yen bonds to cover the investments.
With Europe one feels that it has long been asleep at the wheel. But recent developments around tariffs, Greenland and the war in Ukraine do seem to be waking it up, albeit slowly and maybe only in certain niches (think defence).
Details of the two new ETFs are as below
Satrix Stoxx Europe 600 Feeder ETF
- JSE code: STXEUR
- TER: 0.25% including VAT
- Dividends: Total return
- Tax-free: Allowed
- Underlying ETF: Amundi Core Stoxx Europe 600 UCITS ETF
Satrix MSCI Japan Feeder ETF
- JSE code: STXJPN
- TER: 0.35% including VAT
- Dividends: Total return
- Tax-free: Allowed
- Underlying ETF: Amundi MSCI Japan UCITS ETF
ETF blog
At Just One Lap, we are big fans of passive investment using ETFs. In this weekly blog, we discuss ETFs on the local market and the factors you need to consider when choosing an ETF. If you have wondered how one ETF differs from another, this is where you can find out. We explain which index each ETF tracks, what type of portfolio could benefit from holding each ETF, and how the costs will affect your bottom line.
