10X NEXT 4010X NEXT 4010X NEXT 40

10X NEXT 40

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Key stats


Assets under management (AUM)
‪36.75 B‬ZAR
Fund flows (1Y)
‪574.55 B‬ZAR
Dividend yield (indicated)
4.48%
Discount/Premium to NAV
−99.0%
Shares outstanding
‪33.11 M‬
Expense ratio
0.41%

About 10X NEXT 40


Issuer
African Bank Holdings Ltd
Brand
10X
Inception date
Apr 25, 2023
Index tracked
Wealth Next 40 Equal Weighted Index - ZAR - Benchmark TR Gross
Replication method
Physical
Management style
Passive
Primary advisor
10X Fund Managers (RF) Proprietary Ltd
ISIN
ZAE000320784
The investment objective of the portfolio shall be to track the Wealth Next 40 Equal Weighted Index (a custom index calculated interdependently by S&P Dow Jones) as closely as possible.

Classification


Asset Class
Equity
Category
Size and style
Focus
Mid cap
Niche
Broad-based
Strategy
Vanilla
Geography
South Africa
Weighting scheme
Market cap
Selection criteria
Market cap

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of January 29, 2025
Exposure type
StocksBonds, Cash & Other
Finance
Non-Energy Minerals
Stocks99.57%
Finance37.13%
Non-Energy Minerals15.90%
Retail Trade8.93%
Process Industries7.61%
Consumer Non-Durables7.41%
Distribution Services7.16%
Health Services4.90%
Health Technology2.73%
Consumer Services2.68%
Commercial Services2.58%
Energy Minerals2.55%
Bonds, Cash & Other0.43%
Cash0.43%
Stock breakdown by region
2%12%84%
Africa84.45%
Europe12.95%
North America2.60%
Latin America0.00%
Asia0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows