10x Yield Selected Bond ETF (CSYSB)

Overview

The CoreShares Yield Selected Bond ETF, initiated on March 28, 2012, is a prime financial instrument domiciled in South Africa, designed to offer investors a methodical entry into the fixed income markets of South Africa through Exchange Traded Funds (ETFs). Formerly recognized as Grindrod PrefTrax, this fund now operates under the umbrella of CoreShares Index Tracker Collective Investment Scheme and is brought to life by the skilled management team at Grindrod Asset Management (Pty) Ltd, a subdivision of Coreshares Index Tracker Managers (RF) Pty Ltd. Deliberately focusing on preferred securities, the fund's strategy is to mirror the Preference Share Index. This approach involves investing in securities in proportion to their weightings within the index, aiming to provide an efficient replication of its performance.

Products and Services

• CoreShares Yield Selected Bond ETF

This ETF is a targeted investment vehicle focusing on the fixed income sector within South Africa. Offering exposure to preferred securities, it aims to reflect the performance of the Preference Share Index. The investment strategy is primarily index-tracking, where the fund's holdings mirror those of the index in corresponding weightings. This disciplined approach seeks to ensure that the ETF's performance closely aligns with that of the index it replicates. Initiated to provide a streamlined investment pathway into selected bonds, its structure is optimized for investors looking for precise market exposures, thereby serving as a pivotal component of a diversified investment portfolio.