A while back I embarked on a public experiment to compare the ROI between a basket of two ETF’s placed in two different investment vehicles – Taxed and Tax Free.
For the sake of demonstration I choose to invest small monthly amounts in Satrix Top 40 and DIVI Plus and chart the progress over time – See: https://myza.co.za/tfsa-v-taxed-investing-month-on-month-comparison/
BUT
In my rush to purchase the various ETF’s I made a glorious mistake and purchased the Satrix Shariah Top 40 bundle.
The Satrix Shari’ah Top 40 ETF (JSE: STXSHA) tracks the FTSE/JSE Shari’ah Top 40 Index, providing investors with exposure to the 40 largest Shari’ah-compliant companies on the JSE. This passively managed equity fund adheres to Islamic principles, excluding companies involved in activities like alcohol, gambling, or conventional finance.
In terms of fund size it is not a giant having a Portfolio Size below R200 Million.
BUT
In terms of return the Shari’ah Top 40 is a giant as it has produced a capital gain of 25.72% (32% this morning) since July 2025.
What was a genuine mistake has now been added to my recurring investment portfolio.
