Satrix Global Infrastructure Feeder ETF (JSE: STXIFR) is a rand-denominated exchange-traded fund that tracks the FTSE Global Core Infrastructure Index by investing in the iShares Global Infrastructure UCITS ETF; it provides investors with exposure to worldwide listed companies involved in FTSE Russell-defined core infrastructure activities, including the development, ownership, operation, management and/or maintenance of structures or networks such as utilities, transportation, energy and digital infrastructure across developed and emerging markets. The ETF holds approximately 262 stocks, derives revenue requirements from core infrastructure at a minimum of 65%, and distributes income quarterly with a total expense ratio of 0.77%. Launched on September 9, 2021, it is managed by Satrix Managers (RF) Pty Ltd, with Standard Chartered Bank Johannesburg Branch as trustee, and is listed on the Johannesburg Stock Exchange; the management company is headquartered at 11 Alice Lane, Sandton, South Africa.
In a significant recent development, the ETF completed the amalgamation with the Satrix Smart City Infrastructure Feeder ETF (STXCTY) in November 2025, following a successful investor ballot and Financial Sector Conduct Authority approval; STXCTY investors received 1.27635 STXIFR securities per STXCTY security at an issue price of R61.9946, enhancing diversification, liquidity, scale and long-term growth potential by absorbing assets under management from R45 million to over R500 million in the broader global infrastructure portfolio. This strategic consolidation streamlined Satrix's product offering, shifted distribution frequency from annual to quarterly for STXCTY investors, and reduced concentration risk by expanding geographic reach to include emerging markets while maintaining an aggressive risk profile and exposure to offshore developed and emerging equity. The ETF continues to list additional securities periodically, with recent creations announced in December 2025, supporting ongoing investor access on the JSE.
Geographic operations span global markets through its underlying UCITS ETF domiciled in Ireland, targeting institutional and retail investors seeking infrastructure-themed exposure; it operates within the exchange-traded funds sector under the Satrix Collective Investment Scheme in Securities, supervised by the Financial Sector Conduct Authority.