SATRIX RESI PORTOFOLIO

SATRIX RESI PORTOFOLIO
M- formation has been confirmed and we have a price breakout to the down side:
The MAS are 7<21<200 (Bear)
RSI <50 and a Target price of R47.82
SATRIX RESI PORTOFOLIO – the ETF

Satrix Resi Portfolio is an exchange-traded fund (ETF) offered by Satrix, a leading provider of index-tracking products in South Africa. The Satrix Resi Portfolio specifically focuses on tracking the performance of the FTSE/JSE Capped Property Index.
As an ETF, the Satrix Resi Portfolio aims to provide investors with diversified exposure to the South African listed property sector.
The Satrix Resi Portfolio is designed to replicate the performance of the FTSE/JSE Capped Property Index by investing in the constituent securities of the index.
This index includes some of the largest and most liquid property stocks in South Africa.
The weightings of individual stocks within the portfolio are determined by their market capitalization, with larger companies having a greater impact on the fund's performance.
The ETF structure allows for easy buying and selling of shares on the JSE, providing liquidity and flexibility.