Notice title about change in fund

10X has merged with Coreshares. The culmination of this integration is the renaming and rebranding of all CoreShares funds, effective 23 October 2023, to align with the 10X brand. This strategic move not only signifies the unity of the combined entity but also reflects the shared values that underpin the investment philosophies of both 10X Investments and CoreShares. The 10X Income can now be invested in as either an active ETF or as Unit Trusts.

Fund Summary

The investment objective of the 10X Income AMETF is to deliver a high level of income and long-term stability on capital invested, through investing in a combination of asset classes, including equity, bonds, money, or property markets both locally and abroad, subject to the limits set by regulation and ASISA Fund Classification Standard, as amended from time to time.

Benefits to Investors

Capital Stability

Long-term stability on capital invested, through investing predominantly in fixed income and money market instruments.


Allocates your investment in a way that reduces the exposure to any one particular asset or risk.


Aims to pay a high and consistent level of income by investing in fixed income and cash instruments.

ETF Details

Share code INCOME
Current price / NAV
Fund size R 808 201 586.30
Distributable amount 8.58c
Current Yield to Maturity 9.7
(as of 29 Feb 2024)

General Fund Details

Classification South African-Multi Asset-Income
Benchmark STEFI Composite +1%
Distribution dates March, June, September, December
Asset manager 10X Fund Managers (RF) (Pty) Ltd
Trustee FirstRand Bank Limited
Auditor PricewaterhouseCoopers Incorporated
Risk profile Conservative (2/5)