Focus and Objective |
The AEI ETN tracks the SBAFRITR in an efficient and cost effective manner to provide investors access to the broader African market, which is generally unknown, expensive and hard to access. The SBAFRITR is dollar-based and currently represents exposure to 29 African countries.
In accordance with the Index Rules Document, the Index will rebalance twice a year to determine which shares qualify in terms of the rules requirements. This will then make up the composition of the Index for the next six-month period.
Stocks in the Index will be selected from the equities with their primary listing in relevant stock exchanges in Africa (Local Shares), excluding South Africa, Lesotho and Swaziland, and equities with their primary listing in major stock exchanges outside Africa (International Shares) which have exposure to Africa. The shares with primary listings in major stock exchanges outside Africa must adhere to stringent rules to ensure the bulk of the shares included have a minimum of 85% of the company's total revenue being generated in Africa.
The Standard Bank Africa Equity Index ETN (SBAEI) has the following allocation:
Sub-Saharan Africa 37%
North Africa 23%
African Stocks on
International Exchanges 40%
The portfolio consists of 179 companies from 29 different Africa countries. The sector allocation is as follows:
The Standard Bank Africa Equity ETN trades in rands on the JSE as an inward listed security. It provides a total return to investors.
|
|
|
Details |
Formation Date: |
16 May 2011 |
Sector: |
Exchange Traded Notes |
JSE Code: |
SBAEI |
ISIN: |
ZAE000156568 |
Currency: |
|
Issuer: |
Standard Bank South Africa |
Term (days):: |
10 Years |
Holdings: |
n/a |
Unit Holders: |
n/a |
Original Price: |
n/a |
Pricing System: |
Forward |
Minimum Lump Sum: |
R1 000 |
R300 |
Fees |
TER: |
n/a |
Annual: |
% |
Performance: |
n/a |
|
Asset Allocation |
|
|
Sectoral Breakdown |
|
|
Price |
Performance to 1 Apr 2020 |
R1 000 Lumpsum (NAV-NAV Incl. Dividends) |
Period |
Return |
Value(R) |
Inflation(R) |
3 Months |
-16.45% |
835.50 |
1 024.10 |
6 Months |
-19.32% |
806.80 |
1 027.70 |
1 Year |
-14.19% |
858.10 |
1 049.80 |
3 Years |
2.00% |
1 061.20 |
1 141.00 |
5 Years |
-2.70% |
871.90 |
1 292.30 |
|
R100 per Month (NAV-NAV Incl. Dividends) |
Period |
Return |
Value(R) |
Inflation(R) |
3 Months |
-20.02% |
261.71 |
305.36 |
6 Months |
-28.76% |
507.02 |
613.39 |
1 Year |
-31.82% |
1 012.00 |
1 236.50 |
3 Years |
-6.76% |
3 248.54 |
3 879.89 |
5 Years |
-2.49% |
5 634.62 |
6 810.25 |
* Values for periods greater than one year are annualised |
|
Price |
|
|
Back to Top |
|
ProfileData has taken care in preparing this information but does not accept any liability for errors or out-of-date information.
[
© Copyright Reserved 2024
] |
|
|