Satrix ILBI ETF Enhances Portfolio with Optimal Rebalancing

  • Satrix ILBI, an ETF offered by the Satrix Collective Investment Scheme, has undergone a rebalancing of its portfolio.
  • The changes in constituent weightings aim to optimize the performance of the Satrix ILBI ETF and align it with market dynamics and investment objectives.
  • The revised weightings, effective from July 3, 2023, have been implemented to provide investors with exposure to a well-balanced mix of inflation-linked bonds.
Satrix

Satrix ILBI, an Exchange Traded Fund (ETF) offered by the Satrix Collective Investment Scheme, recently announced the rebalancing of its portfolio. The monthly review of the S&P SA Sovereign Inflation-linked Bond 1+ Year Index led to changes in the constituent weightings of the Satrix ILBI ETF.

The Satrix ILBI ETF, listed on the Johannesburg Stock Exchange under the JSE code STXILB and ISIN code ZAE000240123, experienced adjustments to its constituent weightings. The modifications aim to optimize the portfolio’s performance and align it with market dynamics and investment objectives.

The revised weightings for the Satrix ILBI constituents, effective from July 3, 2023, are as follows:

CodeSharePrevious weightNew weight
I2025RSA ILB 2%16.33%16.25%
I2029RSA ILB 1.87%7.58%7.54%
I2033RSA ILB 1.87%10.06%10.08%
I2038RSA ILB 2%14.17%14.22%
I2046I2046 ILB 2%13.61%13.89%
I2050RSA ILB 2.5%15.65%15.46%
R202R202 ILB13.07%13.08%
R210R210 ILB9.53%9.48%
Total100.00%100.00%

These changes were implemented after the close of business on June 30, 2023, in accordance with the Satrix ILBI Portfolio’s investment strategy.

The Satrix ILBI ETF provides investors with exposure to a diversified portfolio of inflation-linked bonds issued by the South African government. By tracking the S&P SA Sovereign Inflation-linked Bond 1+ Year Index, the ETF aims to replicate the performance of these bonds.

Rebalancing is a standard practice in investment portfolios, allowing fund managers to adjust the weightings of assets to align with changing market conditions and optimize returns. The modifications made to the Satrix ILBI Portfolio aim to ensure that it continues to provide investors with exposure to a well-balanced and efficient mix of inflation-linked bonds.

Investors in the Satrix ILBI ETF can access the complete list of current constituents and their respective weightings on the official Satrix website.

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