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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.

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