Overview
Description
The 10X South African Property Income ETF is an exchange-traded fund designed to provide investors with exposure to the property sector in South Africa. This ETF aims to track the performance of the S&P South African Property 40 Index, which includes the top 40 property companies by market capitalization listed on the Johannesburg Stock Exchange. Its primary function is to offer diversified access to the South African property market, allowing investors to participate in the growth and income potential of commercial and residential real estate holdings.
The ETF is sector-specific, focusing on industries such as retail, industrial, office, and residential properties. It reflects the performance of major property players, impacting sectors that benefit from real estate development, leasing, and property management. The 10X South African Property Income ETF plays a significant role in portfolios looking for real estate diversification and exposure to an income-generating asset class. It is a crucial tool for investors seeking to benefit from the growth and income opportunities presented by the South African real estate market, without the need to invest directly in individual property stocks or assets.
About
Instrument type
Common stock
Sector
Industry
Country
South Africa
MIC code
XJSE