Author Topic: How does the satrix indi do so well?  (Read 45974 times)

bulldoggy

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How does the satrix indi do so well?
« on: June 19, 2013, 02:56:11 pm »
The satrix indi is always at the top of the leaderboard, and when I checked it's history, it's always been good for years. Who decides what shares it invests in?


ptomli

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Re: How does the satrix indi do so well?
« Reply #1 on: June 19, 2013, 03:49:04 pm »
It's according to the FTSE/JSE Industrial 25 Index, which is calculated by the JSE independently.

In effect, Mr Market decides what's in the fund, because it's the top 25 industrial companies on the JSE.

http://www.satrix.co.za/products/satrix%20indi.aspx

Actually, I think there was a SENS the other day, maybe Friday, where I think the FTSE/JSE were going through the process of rebuilding the indexes.

http://www.sharenet.co.za/v3/sens_display.php?tdate=20130612171300&seq=41
« Last Edit: June 19, 2013, 03:51:12 pm by ptomli »

Orca

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Re: How does the satrix indi do so well?
« Reply #2 on: June 19, 2013, 06:39:06 pm »
Now you in my territory. Been watching STXIND for years. I stand to correction but I don't think any UT manager or any Fund Manager has been able to beat it. This is the top index to beat and that is why Patrick has included it in the LeaderBoard so the umm guys above it know they are..... well, better than Fund Managers.
STXIND has in my knowledge never had a correction bar the 2009 crash. So if you are not too good with stocks, I would recommend chucking all your money into it. Just watch it's performance on the challenge.
 
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Patrick

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Re: How does the satrix indi do so well?
« Reply #4 on: June 24, 2013, 02:59:06 pm »
Well the indi is back at March levels, so I'm thinking of putting some more cash down. The divi is back at January 2012 levels  :wtf: so that looks like even more of a bargain...

Orca

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Re: How does the satrix indi do so well?
« Reply #5 on: June 24, 2013, 05:20:27 pm »
Might be cheaper later. One will never know and timing the bottom is impossible.
I started here with nothing and still have most of it left.

Orca

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Re: How does the satrix indi do so well?
« Reply #6 on: June 25, 2013, 05:54:46 pm »
I must say that it is great to have the 2 indexes highlighted. What a big diffs between the 2. The blue chip heavy 40 always lags behind the Indi by a long shot and has done so for many years.
Makes me wonder how many lagers below the STX40 will opt for the Indi in next year's competition or buy it for their real portfolios. I surely will when I retire.
 
I started here with nothing and still have most of it left.

gcr

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Re: How does the satrix indi do so well?
« Reply #7 on: June 25, 2013, 06:25:14 pm »
The STXIND is what the punters would call a safe bet and a banker. I have it in my real live portfolio and it seems to chug along quite nicely. I also think that if our economy was to improve markedly then much of the growth will come from those companies in the IND
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

yozzi

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Re: How does the satrix indi do so well?
« Reply #8 on: July 23, 2013, 11:52:53 am »
Am I reading this correctly that the STXIND has gone up nearly 147%  in the last 5 yrs? I've got a property sale going through right now and with the proceeds this looks like the place to be for the long term?

Anyone been invested in the STXIND over the last 5 yrs?

Patrick

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Re: How does the satrix indi do so well?
« Reply #9 on: July 23, 2013, 01:31:07 pm »
Am I reading this correctly that the STXIND has gone up nearly 147%  in the last 5 yrs? I've got a property sale going through right now and with the proceeds this looks like the place to be for the long term?

Anyone been invested in the STXIND over the last 5 yrs?

Nope it's done 147% excluding dividends!

I only started with it this year unfortunately.

Orca

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Re: How does the satrix indi do so well?
« Reply #10 on: July 23, 2013, 01:47:22 pm »
You must also consider the fact that the first of the five years it was in the 2008/9 crash. Look at the 4y or 3y chart to get proper figures. My average is closer to 34% without divies.
I started here with nothing and still have most of it left.

franz

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Re: How does the satrix indi do so well?
« Reply #11 on: July 23, 2013, 02:05:58 pm »
I am in stxind now over 18 months and has returned 60.7%. The divi is not great, about 1% i think and paid every 3 months.

Orca

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Re: How does the satrix indi do so well?
« Reply #12 on: July 23, 2013, 06:38:47 pm »
I am in stxind now over 18 months and has returned 60.7%. The divi is not great, about 1% i think and paid every 3 months.

Well chosen franz.  :TU: Now you beating most if not all UT's all by yourself. No management fees as well. Only minimal admin fees if done on the JSE via a broker. If only I had known this 20 years ago. Ummm...... Actually it would not have worked back then. Only hit me now as I was typing.
Twenty years ago you would have had to buy the Sunday Times to get the price. Then schedule a time and day to see your bank manager. A week later you in his office and discuss the price you saw a week earlier. He gets on his phone and winds the handle 3 times to get a telephone operator who connects him to some broker in a smoked filled sleazy office somewhere. He in turn goes through the same procedure to connect to his aid at the JSE who immediately sends a telegram to the company saying that a customer wants to buy shares of a certain amount. Three days later he gets back to the bank manager with a price. He phones you and you agree even though the price has change significantly. Now you have to wait a week for the share certificate sent by post.
Now try and sell it. Eish.
Why am I rambling?     
I started here with nothing and still have most of it left.

gcr

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Re: How does the satrix indi do so well?
« Reply #13 on: July 23, 2013, 10:40:56 pm »
I am in stxind now over 18 months and has returned 60.7%. The divi is not great, about 1% i think and paid every 3 months.

Well chosen franz.  :TU: Now you beating most if not all UT's all by yourself. No management fees as well. Only minimal admin fees if done on the JSE via a broker. If only I had known this 20 years ago. Ummm...... Actually it would not have worked back then. Only hit me now as I was typing.
Twenty years ago you would have had to buy the Sunday Times to get the price. Then schedule a time and day to see your bank manager. A week later you in his office and discuss the price you saw a week earlier. He gets on his phone and winds the handle 3 times to get a telephone operator who connects him to some broker in a smoked filled sleazy office somewhere. He in turn goes through the same procedure to connect to his aid at the JSE who immediately sends a telegram to the company saying that a customer wants to buy shares of a certain amount. Three days later he gets back to the bank manager with a price. He phones you and you agree even though the price has change significantly. Now you have to wait a week for the share certificate sent by post.
Now try and sell it. Eish.
Why am I rambling?   
Orca - you obviously weren't buying and selling shares 20 years ago. Most banks had centralised buying/selling and operations people called "brokers" within their operations were online to the exchange. A number of banks also had ticker tapes running in their large branches and you could read this on an ongoing basis during the trading day Also many share holders did not register their shares in their own names but kept them in a nominees name to obviate the "clean consideration" requirements to trade on the JSE. In fact the bank I worked for centralised their scrip operations in the 80's - I still hold all my shares in a bank nominee name to this day. Holding shares in nominees also served the purpose of remaining anonymous, and some used it as a means of hiding wealth from a spouse 
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Orca

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Re: How does the satrix indi do so well?
« Reply #14 on: July 24, 2013, 09:46:34 am »
I suppose you right gcr. I was just imagining how it worked long ago. Perhaps 40 years ago?
I started here with nothing and still have most of it left.