Satrix receives nine South African Tracker Funds Awards

Reece Briesies, interim CEO of Satrix

Just a week after being named Morningstar’s Best Large Fund House, Satrix received nine awards at the annual South African Tracker Funds Awards (SALTA) on Wednesday. Satrix was the most awarded provider of 2022, with the Satrix Top 40 exchange-traded fund (ETF) receiving the People’s Choice Award for favourite South African ETF for the fifth consecutive year.

The SALTA awards cover four main categories: Total Return Performance, Trading Efficiency, Tracking Efficiency and Capital Raising

Reece Briesies, interim CEO of Satrix, says the team is thrilled with the awards. “At Satrix, one of our core drivers is to provide access to investment products for all South Africans, no matter the size of their portfolios or the level of their understanding of investments. Enabling financial inclusion is part of the role Satrix can play in building our country. Winning the People’s Choice award is a real honour because we know that those who voted for us are on their own journey towards investment success and achieving their financial goals. Satrix is helping them get there.”

The Satrix 40 ETF has been a flagship Satrix fund since it was first listed. It offers investors local equity exposure at the lowest cost in the market.

Satrix was once again recognised for its capital raising, winning three awards in this category. Briesies says this highlights the range of investment opportunities that Satrix brings to market for the South African investor.  “Receiving three awards for inflows means our offers are resonating and attracting capital. Satrix inflows come from a wide range of investors, across retail and institutional clients, and this shows the growing interest and confidence in the passive index-tracking products that we bring to market.”

Satrix’s full list of SALTA 2022 wins is as follows:

  • People’s Choice, Favourite ETF by public vote: Satrix 40 ETF
  • Best Total Return Performance, SA Equity, 10 years: Satrix Capped INDI ETF
  • Best Total Return Performance, SA Equity, 5 years: Satrix RESI ETF
  • Best Total Return Performance, SA Equity 3 years: Satrix RESI ETF
  • Best Tracking Efficiency, SA Non-Equity, 3 years: Satrix Property ETF
  • Best Capital Raising, SA Equity, 3 years: Satrix 40 ETF
  • Best Capital Raising, Foreign Equity, 3 years: Satrix MSCI World Feeder ETF
  • Best Capital Raising, ETF Issuing House, 3 years: Satrix Managers
  • Best Trading Efficiency, SA Equity, 3 years: Satrix RESI ETF

Click here for the full list of the SALTA 2022 award winners.

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