Satrix scoops ten awards and people's choice at SALTA 2024 for seventh year

Cape Town - Satrix announced that it has scooped 10 awards at the annual South African Listed Tracker Awards (SALTA) held at the Johannesburg Stock Exchange (JSE) in Sandton on 27 March 2024. The wins include Trading Efficiency, Capital Raising, Tracking Efficiency as well as the coveted People's Choice Award for the favourite local and also foreign exchange traded products (ETPs).

Fikile Mbhokota, CEO at Satrix, expressed immense pride in her team's achievements. "Winning 10 awards, including both People's Choice Awards, showcases our team's steadfast commitment to innovation and delivering exceptional products that drive financial inclusion and enable all South Africans to 'own the market'. This recognition is a tremendous honour and a testament to the enduring popularity of our products among South African investors."

Kingsley Williams, Chief Investment Officer at Satrix, says, "These awards reaffirm our dedication to maintaining the highest standards of performance and transparency, ensuring that our investors' financial goals are at the forefront of everything we do. In addition, the capital raising award is a great accomplishment for us as it confirms we have provided a solution for the collective needs of a wide variety of investors, in a competitive way." 

Satrix Top 40 – South Africa's Favourite ETF, Seven Years Running

This year, the Satrix Top 40 ETF was voted the favourite local ETF for South African investors, making this its seventh consecutive People's Choice Award. Satrix listed the Satrix Top 40 ETF on the JSE in November 2000, and it has been a flagship Satrix fund ever since, offering investors local equity exposure at the lowest cost in the market. 

The Satrix MSCI World ETF

The 2024 SALTA Awards introduced an additional accolade under the People's Choice category, now celebrating the best in local and foreign exchange traded products. The Satrix MSCI World ETF took the title of the People's Choice award in the newly introduced foreign category, testifying to its consistent performance. The fund offers investors robust offshore equity exposure across 23 developed market economies without them having to take their rands offshore.  This enables easy portfolio diversification to protect one's money against rand weakness. With the added benefit of low fees, it's proving a consistently popular choice for South Africans seeking more options through global exposure.

Satrix's full list of SALTA 2024 wins is as follows:

Trading Efficiency – Three years

SA Equity - Satrix RESI 10 ETF

SA Non-Equity - Satrix GOVI ETF

Foreign Equity - Satrix MSCI China Feeder ETF

Capital Raising – Three years

SA Equity - Satrix 40 ETF

Foreign Equity - Satrix MSCI World ETF

Total Capital Raised – by Issuing House - Satrix Managers

Tracking Efficiency – Three years

SA Non-Equity - Satrix Multi Asset Passive Portfolio Solutions Protect ETF

Foreign Equity - Satrix MSCI China Feeder ETF

People's Choice

Local ETP - Satrix 40 ETF

Foreign ETP - Satrix MSCI World ETF

Satrix is the provider of index-tracking investment products and exchange traded funds (ETFs) in South Africa, with assets under management of R200 billion invested in the range of ETFs, index-tracking unit trusts, life pooled and segregated portfolios that are specifically tailored for client-specific mandates or retail funds.