HomeHome SearchSearch MenuMenu Our productsOur products

About the ETF: CoreShares PrefTrax ETF [JSE:PREFTX]

by , 25 August 2015

CoreShares PrefTrax exchange traded fund (ETF) tracks the JSE's Preference Share Index. The ETF has a listing on the Johannesburg Stock Exchange…

Full name: CoreShares PrefTrax ETF
Short name: PrefTrax
Ticker: PREFTX
Sector: JSE listed funds


Five top facts about CoreShares PrefTrax ETF


Fact #1:
Exchange traded funds (ETFs) are passively managed funds listed on the stock market. These funds track the performance of an underlying index or asset and trade on the stock market just like shares. You can buy ETFs through your stock broker.

Fact #2:
CoreShares PrefTrax ETF listed on the Johannesburg Stock Exchange in March 2012. Grindrod Bank is behind the fund.

Fact #3:
CoreShares PrefTrax ETF tracks the performance of the JSE’s Preference Share Index. Making up the fund are preference shares that pay dividends.

Fact #4:
CoreShares PrefTrax ETF gives investors exposure to preference shares in Standard Bank, Discovery and Absa Bank. The fund pays out a quarterly dividend to investors.

Fact #5:
CoreShares PrefTrax ETF has assets under management of over R256 million.


Chart of CoreShares PrefTrax ETF’s share price


Chart of CoreShares PrefTrax ETF's share price


Financial information


For more financial information about CoreShares PrefTrax ETF, click here.

*********** Hot off the press ************

If you’re familiar with Fast-track Millionaire, you’ll love THIS

If you’re one of my Fast-track Millionaire readers, you’ll know I have some brilliant business ideas (if I do say so myself). You’ll also know that I started some of these businesses myself with great success. Others, I’ve sourced from the best and most successful entrepreneurs I’ve ever met.

But then… the Fast-track Millionaire canvas just wasn’t big enough for all my ideas, so I wrote a book!

Click here to find out how to get your copy…

*************************************



About the ETF: CoreShares PrefTrax ETF [JSE:PREFTX]
Rate this article    
Note: 5 of 1 vote

Related articles



Related articles




Trending Topics