Fund Summary
The 10X SA Equity Fund is designed to offer long-term capital growth provided by South African equities, whilst limiting the concentration in any single share. The 10X SA Equity Fund's investment objective is to deliver returns in-line with the FTSE/JSE Capped All Share Total Return Index (Capped ALSI). The Capped ALSI includes all large-, mid-, and small-cap SA-listed companies representing 99% of the market and caps single stock exposure at 10%, to limit concentration in any single share. The Fund is ideal for clients looking for a more diversified and prudently risk-managed core SA equity building blocks in their portfolios.
Benefits to Investors
Broad Exposure
This is a suitable fund for investors that want broad equity exposure
Smart Cap
A 10% cap is applied at the semi-annual rebalance to limit single share concentration
Unit Trust Details
| Current price / NAV | R 165.66 |
| Fund size | R 2 724 599 295.52 |
General Fund Details
| Classification | South African - Equity - General |
| Benchmark | FTSE/JSE Capped All Share Total Return Index (Capped ALSI) |
| Distribution dates | June, December |
| Asset manager | 10X Investments (Pty) Ltd |
| Trustee | FirstRand Bank Limited |
| Auditor | PricewaterhouseCoopers Incorporated |
| Risk profile | Aggressive (5/5) |