S40 • STX40
Satrix 40 Portfolio ETF
Satrix Managers (Pty) Ltd — a Sanlam Investments company • Johannesburg Stock Exchange (JSE)
Price / NAV
R28.40
YTD Return
+8.7%
TER
0.10% per annum
AUM
R18B
OverviewSatrix 40 Portfolio ETF
Risk: High Equity index ETF ZAR

The Satrix 40 ETF tracks the FTSE/JSE Top 40 Index, which measures the 40 largest companies on the Johannesburg Stock Exchange by market capitalisation. With a TER of just 0.10%, it is one of the lowest-cost equity index products in Africa.

Key FactsETF Snapshot
TickerSTX40
ISINZAE000007734
ExchangeJohannesburg Stock Exchange (JSE)
ETF TypeEquity index ETF
BenchmarkFTSE/JSE Top 40 Index
TER (Annual Fee)0.10% per annum
Indicative NAV/PriceR28.40
YTD Return+8.7%
AUMR18B
Minimum Investment1 unit
BackingWhat Does This ETF Hold?

Holds a basket of shares directly replicating the FTSE/JSE Top 40 Index. Full physical replication — no synthetic derivatives.

Naspers / Prosus Anglo American BHP Group Standard Bank Group FirstRand Glencore Richemont Absa Group Vodacom Sasol
Why InvestKey Benefits
Extremely low cost: 0.10% TER is one of the cheapest equity ETFs available in Africa.
Diversified exposure across 40 of South Africa's most liquid, largest companies.
Access to global multinationals with SA listings: Naspers (Tencent proxy), Anglo American, BHP Group.
Liquid: high daily trading volume on the JSE.
Long track record: Satrix 40 has been trading since 2000.
How to InvestStep-by-Step Guide
  1. 1
    You will need a JSE brokerage account. Ghanaian residents can open an account with EasyEquities (South Africa) or Interactive Brokers.
  2. 2
    Complete the account verification (KYC) — passport and proof of address required.
  3. 3
    Fund your account in ZAR via an international bank transfer.
  4. 4
    Search for STX40 on the platform and place a buy order.
  5. 5
    Note: currency conversion costs and international transfer fees may reduce net returns.
Risk FactorsKey Risks to Consider
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South African market risk: JSE is heavily weighted to mining, financials and Naspers — concentrated risk.
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Currency risk: ZAR/GHS exchange rate movement will affect your GHS-equivalent return.
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Equity market risk: value can fall sharply in market downturns.
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Political and regulatory risk in South Africa.
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Disclaimer: All data on this page is indicative and for educational purposes only. NAV, AUM and return figures are not real-time and may be outdated. This is not financial advice. Past performance does not guarantee future results. Always verify current data with the ETF manager or your broker before investing. InvestGH is not regulated by SEC Ghana or the Bank of Ghana.