Satrix Property Portfolio Rebalances for Market Success: Key Changes Unveiled

  • The Satrix Property Portfolio (STXPRO) has undergone a rebalancing in response to the quarterly review of the S&P Composite Property Index.
  • Adjustments to constituent weightings aim to align the portfolio with market trends and optimize returns.
  • Industrials REIT Limited (MLI) has been completely removed from the portfolio, reflecting a strategic decision based on market analysis.
Satrix

The Satrix Collective Investment Scheme has announced a rebalancing of its Satrix Property Portfolio (JSE Code: STXPRO) in response to the quarterly review of the S&P Composite Property Index. The rebalancing, which took effect on June 19, 2023, includes adjustments to the constituent weightings within the Satrix Prop ETF Portfolio.

The S&P Composite Property Index review resulted in several changes to the weightings of the Satrix Prop constituents. These adjustments reflect the shifting dynamics within the property market and aim to ensure the portfolio’s alignment with market trends. The revised weightings of the constituents are as follows:

CodeSharePrevious WeightNew Weight
ATTATTACQ3.68%3.84%
EMIEMIRA1.99%1.69%
EQUEQUITES PROPERTY FUND LTD6.55%5.03%
FFAFORTRESS REIT LTD A7.38%8.54%
FFBFORTRESS REIT LTD B2.29%2.47%
FTBFAIRVEST LIMITED B2.33%2.45%
GRTGROWTHPOINT10.32%10.33%
HMNHAMMERSON PLC1.80%2.08%
HYPHYPROP6.34%6.32%
IPFINVESTEC PROP FUND2.81%2.52%
LTELIGHTHOUSE CAPITAL LTD2.59%2.94%
MLIIndustrials REIT Limited0.39%0.00%
MSPMAS REAL ESTATE INC4.40%4.75%
NRPNEPI ROCKCASTLE PLC9.55%9.78%
RDFREDEFINE10.22%10.16%
RESRESILIENT REIT LIMITED9.18%8.03%
SACSA CORP REAL ESTATE2.71%2.85%
SHCShaftesbury Capital2.29%2.43%
SRESIRIUS REAL ESTATE LTD2.98%3.62%
SSSSTOR-AGE PROPERTY REIT LTD3.32%3.43%
VKEVUKILE6.88%6.74%

As part of the rebalancing, Industrials REIT Limited (MLI) has been completely removed from the Satrix Prop Portfolio, reducing its previous weight from 0.39% to 0.00%. This adjustment reflects a strategic decision based on market analysis.

The changes were implemented after the close of business on Thursday, June 15, 2023, and investors should take note of the revised constituent weightings, which are now in effect.

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