Fund Summary
The 10X SA Property Index Fund is suitable for investors seeking long-term capital growth and income from a diversified portfolio of South African listed property companies. The proprietary 10X SA Property Index is designed to track the performance of the 14 largest listed property shares on South African markets, with a 15% cap applied to all counters twice a year, when the index is rebalanced. The Index is independently calculated by S&P Dow Jones Indices, a recognised index complier.
Benefits to Investors
Income
The income received by property companies is paid out as income to investors quarterly, and the income is generally higher than equity
Property
Investors can be reassured as this investment is ultimately backed up by bricks and mortar
Inflation
The fund offers exposure and access to the South African property market which can be seen as an inflationary hedge investment
Unit Trust Details
Current price / NAV | R 108.29 |
Fund size | R 719 550 095.56 |
General Fund Details
Classification | South African - Real Estate - General |
Benchmark | 10X SA Property index |
Distribution dates | June, December |
Asset manager | 10X Investments (Pty) Ltd |
Trustee | FirstRand Bank Limited |
Auditor | PricewaterhouseCoopers Incorporated |
Risk profile | Aggressive (5/5) |