Meet the Sygnia Itrix New China Sectors ETF! It’s the ONLY fund listed on the JSE that tracks the S&P New China Sectors Index and is available as both a unit trust and an ETF.
The objective of the Sygnia Itrix New China Sectors ETF is to provide an investment vehicle that gives easy access to investors who want to achieve long-term capital appreciation tracking the performance of the S&P New China Sectors Index (.SPNCSUP) (“the benchmark”). The S&P New China Sectors Index measures the performance of China- and Hong Kong-domiciled companies in consumption- and service-oriented industries. All Chinese share classes, including A-shares and offshore listings, are eligible for inclusion. To achieve this objective, the Sygnia Itrix New China Sectors ETF tracks the S&P New China Sectors Index as closely as is practically and feasibly possible by buying the securities that substantially make up the index in similar weightings to the index. To align its holdings to the benchmark, the portfolio will be rebalanced whenever the index is rebalanced.The Fund has a 100% strategic allocation to global equities. All Chinese share classes including A-shares and offshore listings are eligible for inclusion.