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 | Nuveen Pennsylvania Municipal Value Fund | Financial Services | Asset Management | 16.00% |
| NPN | Naspers Limited | Consumer Cyclical | Internet Retail | 13.11% |
| AU | AngloGold Ashanti plc | Basic Materials | Gold | 10.83% |
| GFI | Gold Fields Ltd | Basic Materials | Gold | 9.72% |
| FSR | Firstrand Ltd | Financial Services | Banks - Diversified | 6.72% |
| VAL | Valterra Platinum Limited | Basic Materials | Other Precious Metals & Mining | 5.48% |
| ANG | AngloGold Ashanti Ltd | Basic Materials | Gold | 4.97% |
| SBK | Standard Bank Group Ltd | Financial Services | Banks - Regional | 4.66% |
| CPI | Capitec Bank Holdings Ltd | Financial Services | Banks - Regional | 4.55% |
| MTN | MTN Group Ltd | Communication Services | Telecom Services | 4.22% |
| IMP | Impala Platinum Holdings Ltd | Basic Materials | Other Precious Metals & Mining | 4.05% |
| BID | Bid Corporation Ltd | Consumer Defensive | Food Distribution | 3.53% |
| SLM | Sanlam Ltd | Financial Services | Insurance - Life | 3.51% |
| SHP | Shoprite Holdings Ltd | Consumer Cyclical | Department Stores | 3.46% |
| ABG | Absa Group Ltd | Financial Services | Banks - Regional | 3.46% |
| HAR | Harmony Gold Mining Co. Ltd. | Basic Materials | Gold | 3.42% |
| NED | Nedbank Group Ltd | Financial Services | Banks - Regional | 2.81% |
| BVT | Bidvest Group Ltd | Industrials | Conglomerates | 2.22% |
| APN | Aspen Pharmacare Holdings Ltd | Healthcare | Drug Manufacturers - Specialty & Generic | 2.14% |
| CLS | Clicks | Healthcare | Pharmaceutical Retailers | 1.95% |