Fund Summary
The 10X Income Fund and AMETF is suitable for investors seeking a high level of income and long-term capital stability that is achieved with cost-effective exposure to a range of local and international interest-bearing assets. The recommended time horizon is 3 years and longer as returns may be volatile over shorter periods.
Benefits to Investors
Income
Aims to paya high and consistent level of income by investing in fixed income and cash instruments
Diversification
Allocates your investment in a way that reduces the exposure to any one particular asset or risk
Capital Stability
Long-term stability on capital invested, through investing predominantly in fixed income and market market instruments
ETF Details
Share code | INCOME |
Current price / NAV | R 10.36 |
Fund size | R 762 701 433.04 |
Distributable amount | 5.53c |
Current Yield to Maturity | 8.4 (as of 31 Dec 2024) |
Asset manager | 10X Fund Managers (RF) (Pty) Ltd |
Distribution dates | March, June, September, December |
Unit Trust Details
Current price / NAV | R 105.03 |
Fund size | R 3 376 733 616.22 |
Current Yield to Maturity | 8.5 (as of 31 Dec 2024) |
Asset manager | 10X Investments (Pty) Ltd |
Distribution dates | January, February, March, April, May, June, July, August, September, October, November, December |
General Fund Details
Classification | South African - Multi-Asset - Income |
Benchmark | STeFI Composite Index + 1.0% (return target CPI+2.5%) |
Trustee | FirstRand Bank Limited |
Auditor | PricewaterhouseCoopers Incorporated |
Risk profile | Conservative (2/5) |
ETF Fund Holdings (daily)
ETF Fund Holdings (month-end)
Unit Trust Fund Holdings (daily)
Unit Trust Fund Holdings (month-end)
ETF Fund Distributions
Quarter Ended | Cents Per Unit (CPU) |
---|---|
December 2024 | 19.25 |
September 2024 | 19.05 |
June 2024 | 27.57 |
March 2024 | 18.78 |
December 2023 | 26.1 |
September 2023 | 19.49 |
June 2023 | 11.88 |
Resources
- Latest ETF Factsheet
- Latest Unit Trust Factsheet
- General Investor Report March 2024
- Offering Circular
- UT abridged financial statements for the year ended 31 December 2023
- Financial statements for the year ended 31 Dec 2023
- 10X Income Actively Managed ETF brochure
- Valuation Methodology
- Quarterly General Investor Report, July - September 2023