[JOHANNESBURG, THURSDAY 23 MAY 2019]

SECOND SALTA AWARDS EVENT TO THE ETF INDUSTRY, HELD AT THE JSE - 22 MAY 2019
The organisers of SALTA are pleased to announce the winners of the Second Annual Awards made to the issuers of JSE listed South African Exchange Traded Funds (ETFs) for exceptional achievements of the past 3 – 5 years.

The Awards were handed out at a cocktail party function held at the JSE, Sandton, on Wednesday night, 22nd May 2019. The event was broadcast live on Business Day TV (Channel 412) between 17h30 and 18h00.

The SALTA Awards recognise not only the best total investment returns over the past 3 – 5 years in various categories, but also look to reward “skills” in providing index tracking listed ETF passive products for the investment industry. The organisers measure such skills through:

• Efficiency in tracking indices (tracking error) over 3 years.
• Success in raising new capital through ETF listings on the JSE over 1 and 3 years.
• Trading efficiency over 3 years.
• A “People’s Award”, selected by public votes, through a dedicated website.

The above data was assessed for the period ending 31 March 2019.

16 awards were made in total. It is pleasing to note that 6 South African ETF issuers, out of 9 issuers in total, won SALTA Awards in 2019.

The total number of type of Awards won by each issuer:

BACKGROUND
The South African Listed Tracker Awards (“SALTA”) is now in its second year. It is an initiative by service providers to the burgeoning ETF industry in South Africa, who are not issuers of ETFs themselves, to reward such issuers for exceptional products provided to the South African markets.

This year, the JSE Limited, has joined the three initial organisers, namely Refinitiv, Profile Data and etfSA.co.za in sponsoring and organising these Awards.

A rigorous analysis of daily NAV pricing and other data, provided by the administrators of ETFs to local data collectors has been used to assess investment performance and other ratios to determine the best providers of ETFs in the various categories measured. Only quantitative assessments have been utilised and no subjective judgements were made.

The only exception to the quantitative rule is the “People’s Choice” Award. This is assessed by a public poll where the South African investment public  has been asked to provide their feedback on their favourite ETF and the reasons for this choice.

The poll is conducted through a dedicated website and has had an extremely good response.

The Satrix 40 ETF, which was the first ETF listed in South Africa in 2000, remains the darling of the retail investors in South African and was a comfortable winner in this category.

SUMMARY OF WINNERS

1. Total Return Performance Awards
a) Three Years

• Foreign & Commodity - Standard Bank Africa Rhodium ETF
• SA Equity - Satrix RESI 10 ETF
• SA Non-Equity - CoreShares PrefTrax

b) Five Years

• Foreign & Commodity - Standard Bank Africa Palladium ETF
• SA Equity - NewFunds S&P GIVI RESI 15 ETF
• SA Non-Equity - NewFunds GOVI ETF

2. Capital Raising – 1 Year

• Issue House - Satrix Managers (RF) (Pty) Ltd.
• Foreign & Commodity - NewGold Plat ETF
• South Africa - Ashburton Top 40 ETF

3. Capital Raising – 3 Years

• Issue House - Sygnia Itrix (RF) (Pty) Ltd.
• Foreign & Commodity - Sygnia Itrix MSCI World Index ETF
• South Africa - CoreShares Top 50

4. Trading Efficiency – 3 Years

• Overall - Satrix RESI 10 ETF

5. Tracking Efficiency – 3 Years

• Foreign & Commodity - Sygnia Itrix MSCI Japan Index ETF
• SA Equity - CoreShares Top 50
• SA Non-Equity - NewFunds MAPPS Growth ETF

6. People’s Choice ETF – Popular Vote

• Overall - Satrix 40 ETF

By Issuer
NewFunds/Absa - Four awards
Satrix Managers - Four awards
CoreShares - Three awards
Sygnia Itrix - Three awards
Standard Bank - Two awards
Ashburton Investments - One award