Well done to all the winners of the fourth South African Listed Tracker Funds Awards (SALTA) held as a live Webcast on 24th March 2021. SALTA showcased the best performing ETFs in South Africa for the period ending December 2020, across a variety of criteria.
The SALTA Awards recognise not only the best total investment returns over the past one – ten years in various categories, but also look to reward “skills” in providing index tracking listed ETF passive products for the investment industry.
To be able to find out more about the individual SALTA winners, and compare them, make sure to check out EasyETFs.
In all there were 23 SALTA Awards were made for the following categories that recognise the leaders in the expanding and flourishing ETF industry for:
TOTAL RETURN PERFORMANCE
In this award category, the focus is on total return performance.
Performance has been measured for a lump sum investment, on a total return, net asset value basis, with distributions reinvested. There are three periods of assessment – three-year total return, five year total return and ten year total return, all to the end of December 2020.
FOREIGN & COMMODITY - 3 YRS SA EQUITY - 3 YRS SA NON-EQUITY - 3 YRS
COMMODITY ETFs - 3 YRS
FOREIGN & COMMODITY - 5 YRS SA EQUITY - 5 YRS SA NON EQUITY - 5 YEARS
FOREIGN & COMMODITY - 10 YRS SA EQUITY - 10 YRS
CAPITAL RAISING
In this award category, ability to raise new capital was recognised – either additional capital for existing ETFs, or new capital for the listing of new ETFs. There are awards for South African ETFs, Foreign and Commodity ETFs and awards for the ETF Issuing House that raised the most net new capital in the period of either 12 or 36 months, to end December 2020.
ISSUE HOUSE - 1 YR FOREIGN & COMMODITY - 1 YR SA EQUITY ETFs - 1 YR
SA NON-EQUITY ETFs - 1 YR SA COMMODITY -1YR
ISSUE HOUSE - 3 YRS FOREIGN & COMMODITY - 3 YRS SOUTH AFRICAN ETFS - 3 YRS
TRADING EFFICIENCY
Trading efficiency can be measured by the average ratio of the volume of units traded, over the total units in issue.
Foreign & Commodity - 3 YRS SA EQUITY - 3 YRS
TRACKING EFFICIENCY
This category recognises the efficiency of ETFs to deliver, as close as possible, the performance of their reference index. This is arguably one of the most important metrics by which an index tracker fund should be evaluated. The total return achieved by investing in an ETF over any given period should be as close as possible to the total return of the index over the same period.
The best tracking efficiency measured over three years, in the three asset categories were awarded.
FOREIGN & COMMODITY - 3 YRS SOUTH AFRICAN ETF - 3 YRS SA NON - EQUITY 3 YRS
PEOPLES CHOICE ETF - POPULAR VOTE
For the fourth year in a row the people choice winner::
OVERALL
Winning Issuers and the 23 awards won:
Satrix Managers (Pty) Ltd - Ten
Absa Capital (NewFunds) - Five
1nvest - Four
Sygnia Itrix (RF) (Pty) Ltd - Two
Ashburton Investments - One
CoreShares - One
Compare ETFs on EasyETFs