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%.
ETF Details
Share code | CSYSB |
Current price / NAV | R 11.18 |
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 | R 1.03 |
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 |
Resources
- Latest ETF Factsheet
- Latest Unit Trust Factsheet
- General Investor Report March 2024
- Offering Circular
- Financial statements for the year ended 31 Dec 2023
- Quarterly General Investor Report UT, July - September 2023
- UT abridged financial statements for the year ended 31 December 2023
- UT Financial statements for the year ended 31 Dec 2022
- Quarterly General Investor Report, July - September 2023
- GLOBAL name change supplement 14 August 2023