| Satrix Momentum ETF
Type: Passive ETF |
JSE code: STXMMT |
| Benchmark: Satrix Momentum Index | Classification: Local Equity |
| Tax-free investing: Allowed (What is tax-free?) | Market cap: R 246 million |
| TIC (TER where TIC not indicated): 0.63% (What is TER?) | Distribution: Quarterly. Mar 2026: 14.24 cps |
| Returns as per MDD and annualised to the date of the MDD publication.
1 year 25.51% | 3 year 21.34% | 5 year 14.17% | Since listing 13.2% |
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| Top holdings:
ANGLOGOLD ASHANTI-SPON ADR (8.43%), MTN GROUP (8.34%), CAPITEC (7.51%), NASPERS -N (7.10%), GOLDFIELDS LTD (5.61%), ABSA GROUP LTD (5.31%), STANBANK (4.50%), REMGRO (4.08%), Sibanye Stillwater Ltd (4.01%), Valterra Platinum Ltd (3.77%) |
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| MDD updated: 31 May 2026 (Understanding your MDD) | |
| Description:
Satrix Momentum ETF is an index tracking fund, registered as a Collective Investment Scheme, and is listed on the Johannesburg Stock Exchange as an Exchange Traded Fund. The mandate of the Satrix Momentum ETF (“Satrix Momentum”) is to track, as closely as possible, the value of the proprietary Satrix Momentum Index. It aims to capture the return of the equity market enhanced by the momentum risk premium. This is achieved by constructing a portfolio tilted towards stocks (or equities) that display positive momentum characteristics and away from stocks that display negative momentum characteristics. The index is rebalanced 8 times a year. In order to reduce costs and minimise tracking error, Satrix Momentum ETF may engage in scrip lending activities with SIM and Investec. Manufactured (taxable) dividends could arise from such transactions. |
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All data from the issuer Minimum Disclosure Documents (MDD) and updated as they update their MDDs. Please check all data, we take no responsibility for errors.