Absa Capital (NewFunds), was the top
winner receiving four SALTA trophies. It won awards for: The Best Total
Returns for a non-equity ETF (NewFunds GOVI ETF) over both 1 and 3 years;
Best Total Returns for a SA equity ETF over 3 years (NewFunds S&P GIVI
RESI 15 ETF); and Tracking Efficiency over 3 years for a SA non-equity fund
(NewFunds MAPPS Growth ETF), which combines equities, bond and cash in a
Satrix Managers (Pty) Ltd won 3
SALTA awards in the following categories: 1 year Best Return Performance (Satrix FINI
ETF); Trading Efficiency, measured by the total volumes traded
on the JSE as a percentage of shares in issue (Satrix RESI 10 ETF); and it
also won the popular poll award conducted amongst the investment public
with the Satrix 40 ETF.
The SALTA organisers established an online poll, where the public were
asked to name their "favourite ETF", based on various criteria,
including investment returns, investment relevance, product features, etc.
Many hundreds of responses were received and Satrix ETF products dominated
by receiving over 80% of the popular vote. The Satrix 40 ETF stood out as
the "popular choice" receiving about one-third of all votes cast.
Sygnia Itrix (RF) (Pty) Ltd also
received 3 SALTA awards. The Sygnia Itrix MSCI USA ETF was the top
performing ETF over 3 years in the foreign and commodity ETFs category; and
the Sygnia Itrix MSCI World ETF was the largest capital raiser for
individual foreign and commodity funds over 1 year.
As an issuing house, Sygnia Itrix (RF) (Pty) Ltd raised R4 534 million
in new capital from existing listings of ETFs and for the listing of five
new ETFs over the period March 2017 to March 2018. This makes it the winner
by a substantial margin as the most successful issuer of ETFs on the JSE
over that period.
Sygnia Itrix only entered the South Africa ETF industry in June 2017
with its purchase of five ETFs from Deutsche Bank and it has made a
significant impact on the South African market over a short time period.
Standard Bank South Africa Ltd -won
two SALTA awards. The first, for the best performance by a foreign or
commodity ETF over a 1 year period, Standard Bank Africa Rhodium ETF. This
ETF, which invests only in physical rhodium, a by-product from platinum
group metals, has been the best performing SA listed ETF for the past 3, 6,
12 and 24 months. Second, Standard Bank Africa Gold ETF won best tracking
efficiency over 3 years for a foreign or commodity ETF.