Fund Summary

The 10X Yield Selected Bond Fund seeks to provide income to investors and capital growth over the long term by tracking the price and yield performance of the South African Yield Selected Nominal Bond Index (“the Index”) which consists of a fixed number of South African nominal bonds. The portfolio will attempt to place an investor in substantially the same position, from a capital and income perspective, as if they held the underlying constituents of the Index and in their correct weightings.

Benefits to Investors

Income

The income received from the underlying bonds is paid out as income to investors quarterly. The yield is designed to be higher than that of the vanilla government bond index.

Smart Cap

Yield weighted with a smart 15% single security cap. It means no individual constituent can have a weight greater than 15%.

Factsheets

ETF Details

Share code CSYSB
Current price / NAV
Fund size R 354 362 404.55
Index value SAYSNBC
Distributable amount 11.30c
Market maker Sanlam Private Wealth (SPW)
TER 0.30%
Current Yield to Maturity 10.9
(as of 31 Dec 2024)

Unit Trust Details

Current price / NAV
Fund size R 443 378 243.10
TER *0.27% (target)
Current Yield to Maturity 10.9
(as of 31 Dec 2024)

General Fund Details

Classification South Africa Interest Bearing - Variable Term Portfolios
Benchmark South African Yield Selected Nominal Bond Index
Distribution dates March, June, September, December
Asset manager 10X Fund Managers (RF) (Pty) Ltd
Trustee FirstRand Bank Limited
Auditor PricewaterhouseCoopers Incorporated
Risk profile Moderate (3/5)

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 29.93
September 2024 30.52
June 2024 30.12
March 2024 29.19
December 2023 29.34
September 2023 29.40
June 2023 23.43
All distributions are gross distributions (before dividends withholdings tax)