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CoreShares (Grindrod) Proptrax Offers Two Property Index Tracker ETF Funds
CoreShares (Grindrod) Proptrax
Proptrax Property Index Tracker consists of the Top SA Real Estate Investment Trusts (REITs) companies on the JSE.
Property Index Tracker Collective Investment Scheme in Securities, PROPTRAX, is an Exchange Traded Fund (ETF) which tracks the performance of the FTSE/JSE SAPY Index.
- The FTSE/JSE SAPY Index consists of the top market capitalisation
weighted SA Listed Property Funds with their primary listing on the JSE.
- Proptrax Property Index Tracker consists of the Top SA Real Estate Investment Trusts (REITs) companies on the JSE.
- Listed Property ETF’s - low cost access to diversified real estate portfolios.
- This provides investors good income yields and capital stability or appreciation.
CoreShares (Grindrod) ProptraxTen
Property Index Tracker Top Ten Equally Weighted Listed Property Index
- 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).
The benefits of PROPTRAX Property Index TRacker funds are the following:
- Own the top SA listed commercial real estate stocks (Proptrax)
- It facilitates ownership of the top ten listed commercial real estate stocks (ProptraxTen)
- It is cost-effective, accessible and allows a diversified investment in South African listed property
- It has tight buy and sell spreads, enhanced by the designated market maker
- It is transparent, flexible and liquid
- No prescribed fixed investment period
- Offers quarterly distribution
- Useful asset allocation tool for professional investors click here for more Proptrax & ProptraxTen information and how to apply
CORESHares Proptrax SAPY Performance (as at MARCH 2016)
Proptrax Performance figures, income reinvested on payment date
Source performance table (annualised, gross of fees):
Proptrax Fund 1 year 2 year (Annualised) 3 year (Annualised) 5 year (Annualised) Since inception (Annualised)Proptrax* 5.6% 22.2% 14.4% 19.0% 14.6%SAPY Index* 4.6% 21.6% 14.4% 19.8% 14.6%Fund Size R152 844 936Historic Yield 5.38%
Source: *Grindrod asset mangement
(past performance is not necessarily a guide to future performance)
CORESHARES ProptraxTen Performance(as at MARCH 2016)Proptrax Performance figures, income reinvested on payment date
Source performance table (annualised, gross of fees):
Proptrax Fund 1 year 2 year (Annualised) 3 year (Annualised) Since inception (Annualised)ProptraxTen* 10.3.% 27.2% 17.6% 20.9%Ten Index** 9.9% 27.2% 18.0% 21.6%Fund Size R266 870 414Historical Yield 4.76%
Source: *Grindrod asset mangement
(past performance is not necessarily a guide to future performance)

click here for more CoreShares (GRINDROD) Proptrax & ProptraxTen information and how to apply
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