Fund Summary

The CoreShares 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 311 507 103.80
Index value SAYSNBC
Distributable amount 35.34c
Market maker Sanlam Private Wealth (SPW)
TER 0.30%
Current Yield to Maturity 12.3
(as of 29 Feb 2024)

Unit Trust Details

Current price / NAV
Fund size R 329 064 147.90
TER *0.27% (target)

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 (month-end)

DateTickerNameWeight
7/31/2023R2053RSA R2053 11.625% 31035312.74%
7/31/2023R2048RSA R2048 8.75% 28024812.64%
7/31/2023R214RSA R214 6.5% 28024112.51%
7/31/2023R209RSA R209 6.25% 31033612.19%
7/31/2023R2035RSA R2035 8.875% 28023512.09%
7/31/2023R2044RSA R2044 8.75% 3101204412.00%
7/31/2023R2040RSA R2040 9.00% 3101204011.94%
7/31/2023R2037RSA R2037 8.5% 31013711.75%
Fund weightings ending 31 July 2023

ETF Fund Distributions

Quarter Ended Cents Per Unit (CPU)
September 2023 29.40
June 2023 23.43
All distributions are gross distributions (before dividends withholdings tax)