PropTraxTen

Fund Objective

The investment objective of the PropTraxTen Fund is to replicate the price and yield performance of the Property Index Tracker Top Ten Equally Weighted Listed Property Index, a custom index calculated independently by the FTSE/JSE. 

This index consists of the top ten companies, as measured by investable market capitalisation, in the FTSE/JSE SAPY Index, but they are held in equal weightings of 10.0% each (as at the quarterly rebalancing date).

Why Choose this Fund?

Property Index Tracker Collective Investment Scheme in Securities, PropTraxTen, is an Exchange Traded Fund (ETF) which tracks the performance of the Property Index Tracker Top Ten Equally Weighted Listed Property Index. The benefits of PropTraxTen are the following:

  • It is cost-effective, accessible and allows a diversified investment in South African listed property
  • It facilitates ownership of the top ten listed commercial real estate stocks
  • It has tight buy and sell spreads, enhanced by the designated market maker
  • It is transparent, flexible and liquid
  • There are no prescribed fixed investment periods
  • It offers quarterly distribution
  • It is a very useful asset allocation tool for professional investors