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STXQUA

JSE
967 ZAc
1
0.10%
Last update Jun 27, 2:57 PM SAST
Market closed
Day range
967
970
Previous close
968
Open
969
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Satrix Quality South Africa Fund
967.00
1
0.10%

Overview

Description

The Satrix Quality South Africa Fund is an exchange-traded fund (ETF) designed to provide investors with exposure to a portfolio of high-quality South African companies. Its primary function is to track the performance of the proprietary S&P Quality South Africa Index, which consists of stocks that exhibit strong financial health and stable earnings, primarily selected for their quality characteristics. This fund is notable for targeting businesses across diverse sectors, including finance, resources, and consumer services, contributing to a well-rounded investment footprint in the South African market. Its role in the financial market is significant as it offers a way for investors to gain exposure to companies with sound management practices and robust financials, without needing to physically purchase shares individually. The focus on quality aims to provide potential for sustainable growth and risk management, catering to institutional and retail investors alike. The ETF's ability to balance risk and reward by emphasizing quality standards highlights its importance within the ecosystem of investment products in South Africa.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
South Africa
MIC code
XJSE
Market closed

Exchange is currently closed (non-working day)
Main market opens in 1 day 2 hours 43 minutes

06:16
00:00
23:59

Trading Hours (Monday - Friday):

Main market
09:00 - 17:00
All times are displayed in the Africa/Johannesburg timezone (SAST, UTC+02:00).