NYSE ARCA | ETF
The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index.
The underlying index is designed to measure the performance of the large- and mid-capitalization segments of the equity market in South Africa.
The underlying index uses a capping methodology that limits the weight of any single "group entity" to a maximum of 25% of the underlying index weight.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| NPN | Naspers Limited | Communication Services | Internet Content & Information | 16.03% |
| FSR | Firstrand Ltd | Financial Services | Banks - Diversified | 9.52% |
| SBK | Standard Bank Group Ltd | Financial Services | Banks - Regional | 6.93% |
| GFI | Gold Fields Ltd | Basic Materials | Gold | 5.99% |
| CPI | Capitec Bank Holdings Ltd | Financial Services | Banks - Regional | 5.61% |
| ANG | AngloGold Ashanti Ltd | Basic Materials | Gold | 4.97% |
| AU | AngloGold Ashanti plc | Basic Materials | Gold | 4.45% |
| MTN | MTN Group Ltd | Communication Services | Telecom Services | 3.53% |
| SHP | Shoprite Holdings Ltd | Consumer Cyclical | Department Stores | 3.50% |
| SLM | Sanlam Ltd | Financial Services | Insurance - Life | 3.50% |
| BID | Bid Corporation Ltd | Consumer Defensive | Food Distribution | 3.49% |
| ABG | Absa Group Ltd | Financial Services | Banks - Regional | 3.17% |
| NED | Nedbank Group Ltd | Financial Services | Banks - Regional | 2.81% |
| HAR | Harmony Gold Mining Co. Ltd. | Basic Materials | Gold | 2.43% |
| BVT | Bidvest Group Ltd | Industrials | Conglomerates | 2.22% |
| APN | Aspen Pharmacare Holdings Ltd | Healthcare | Drug Manufacturers - Specialty & Generic | 2.14% |
| IMP | Impala Platinum Holdings Ltd | Basic Materials | Other Precious Metals & Mining | 2.10% |
| CLS | Clicks | Healthcare | Pharmaceutical Retailers | 1.95% |
| SOL | Sasol Ltd | Basic Materials | Specialty Chemicals | 1.89% |
| DSY | Discovery Holdings Ltd | Financial Services | Insurance - Life | 1.80% |