Satrix scoops four awards

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Satrix team from left to right: Jason Swartz, Jenny Albrecht, Nerina Visser (etfSA), Chris Naidoo, Rick Martin, Thembeka Khumalo, Sunita Takurpersadh

Satrix was awarded top spot in four categories at the second annual South African Listed Tracker Funds Awards (SALTA) last week.

The financial institutions, which offers investors local equity exposure through its ETFs and unit trust funds, won the following awards:

  • The People’s Choice for the favourite ETF amongst the investing public (for the second year in a row) – Satrix 40 ETF
  • Best Total Return Performance, 3 years – Satrix RESI ETF
  • Best Trading Efficiency, 3 years – Satrix RESI ETF
  • Best ETF Issuer for Capital Raising, 1 year – Satrix Managers

Satrix listed the very first ETF on the Johannesburg Stock Exchange (JSE) in November 2000. The Satrix 40 ETF has been a flagship Satrix fund ever since, offering investors local equity exposure at a low cost.

Nerina Visser, ETF strategist and director at etfSA.co.za comments “The Satrix brand is to the SA ETF industry what the Hoover is to vacuum cleaners – in the eye of ‘the people’, Satrix IS ETFs, and the Satrix 40 ETF their overwhelming favourite. It remains the largest domestic equity ETF by a considerable margin and is also the ETF with the broadest investor base. It is therefore no surprise that it was recognised by popular vote as the ‘People’s Choice’, supported with numerous stories of the impact it has had in changing ordinary people’s lives for the better.”

Refinitiv, Profile Data, JSE and etfSA.co.za, the four independent service providers to the South African Exchange Traded Funds (ETFs) industry, put together the annual SALTA awards to recognise excellence among ETF issuers in various categories.