The Sygnia Itrix 4th Industrial Revolution Global Equity Actively Managed ETF is a high-risk, passively managed index-tracking fund, registered as a collective investments scheme, and is listed on the Johannesburg Stock Exchange as an Exchange Traded Fund. The objective of this portfolio is to provide simple access to investors who wish to track the movements of the Kensho New Economies Composite ℠ Index (KNEX) through investing in the physical index securities.
“Our funds are designed to challenge the status quo, because we want our investors to feel like the world is their oyster, that everything is possible.”
Kyle Hulett, Head of InvestmentsInvestment objective and strategy
The objective of the Sygnia Itrix 4th Industrial Revolution Global Equity Actively Managed ETF is to provide simple access to investors who wish to gain global investment exposure to companies optimally positioned to benefit from new technologies and innovations. These companies capture the 21st Century Sectors that are propelling the 4th Industrial Revolution and fostering new industries that will transform every facet of our lives at an exponential pace. Sygnia manages the allocation between different sectors in a dynamic manner based on its proprietary investment approach and methodology.
The term “4th Industrial Revolution” is widely understood as a revolution that will fundamentally change the way we live, work and relate to one another. It is characterised by the coming online of a range of new technologies that are fusing the physical, digital and biological worlds and impacting all disciplines, economies and industries. These technologies include autonomous vehicles, cleantech, drones, 3D printing, robotics, nanotechnology, smart buildings, virtual reality, cybersecurity, space and wearables and others. Derivatives are allowed for efficient portfolio management.
What the fund invests in
| Top 10 holdings as at | Percentage | Allocation |
|---|---|---|
| NVIDIA Ord Shs | 8.3 | |
| Alphabet Ord Shs Class C | 7.1 | |
| Amazon Com Ord Shs | 7.0 | |
| Microsoft Ord Shs | 6.9 | |
| Apple Ord Shs | 6.8 | |
| Meta Platforms Ord Shs Class A | 4.9 | |
| Broadcom Ord Shs | 3.0 | |
| Taiwan Semiconductor Manufacturing ADR Representing | 2.1 | |
| Tesla Ord Shs | 1.9 | |
| Visa Ord Shs Class A | 1.5 |
Risk profile
The fund has a 100% strategic allocation to global equities. Risk is managed by spreading investments across a large number of companies in different industries involved in new and emerging technologies.
Who should invest
The Sygnia Itrix 4th Industrial Revolution Global Equity Actively Managed ETF has a high-risk profile and is designed to capture the returns of new technologies stocks. It is a suitable investment for investors seeking higher returns, those willing to tolerate higher volatility and those aiming to maximise capital accumulation over the longer term in the most cost-effective manner. Given the specialist nature of the fund, it should be used as part of a diversified investment strategy rather than as a sole equity investment.
| Annual management fee | 0.50% p.a (excl. VAT) |
| Other expenses | 0.06% (excl. VAT) |
| VAT | 0.08% |
| Total expense ratio (TER) | 0.64% (Sep 2024) |
| Transaction costs (TC) | 0.07% (Sep 2024) |
| Total investment charge (TIC) | 0.71% (Sep 2024) |
A higher TER does not necessarily imply a poor return, nor does a low TER imply a good return. The current TER may not necessarily be an accurate indication of future TERs. TCs are a necessary cost in administering the financial product and impact financial product returns. TCs should not be considered in isolation, as returns may be impacted by many other factors over time, including market returns, the type of financial product, the investment decisions of the investment manager and the TER.
Disclosure
The Sygnia Group is a member of the Association for Savings and Investment SA. Sygnia ltrix (RF) (Pty) Ltd is a registered and approved Manager under the Collective Investment Schemes Control Act, 2002 (CISCA). Sygnia Asset Management (Pty) Limited (FSP 873), an authorised financial services provider, is the appointed investment manager of the fund. Sygnia ltrix does not provide any guarantee with respect to the capital or return of the portfolio. Collective investment schemes are generally medium- to long-term investments. Collective investment schemes are traded at ruling prices and can engage in borrowing and scrip lending. The value of investments/units may go down as well as up, and past performance is not necessarily an indicator of future performance. AMETFs trade on stock exchanges and may therefore incur additional costs associated with listed securities. Unlike a unit trust, which can be bought or sold only once per day, an AMETF can be traded intraday, during exchange trading hours. AMETFs may invest in foreign securities, which may be exposed to macroeconomic, settlement, political, tax, liquidity and foreign exchange risks. Performance is calculated for the portfolio, and individual investor performance may differ as a result of trading cost and price paid for investment share. Additional information on the Index, including its performance and tracking error can be viewed on the relevant minimum disclosure document (MDD) on www.sygnia.co.za. A schedule of fees, charges and – where the AMETF engages in securities lending activities, information on such securities lending activities – may be requested via admin@sfs.sygnia.co.za or 0860 794 642. The complete terms and conditions of your AMETF investment are contained in the fund’s offering circular, pre-listing statement, programme memorandum and/or supplemental deed, and index constituents with prices are published daily on Sygnia’s website. The documents/information may be obtained from www.sygnia. co.za or on request from Sygnia. Nothing in this document shall be considered to state or imply that the fund is suitable for a particular type of investor. All the portfolio options presented are approved collective investment schemes in terms of CISCA. The Manager has the right to close any portfolios to new investors to manage the portfolios more efficiently in accordance with their mandates.
Index disclaimer
The funds or securities referred to herein are not sponsored, endorsed, or promoted by Solactive AG, and Solactive AG bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The complete terms and conditions of your AMETF Investment are contained in the fund’s Offering Circular and Pre-Listing Statement and the relevant Supplement.