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 | Consumer Cyclical | Internet Retail | 17.11% |
| NPN | Nuveen Pennsylvania Municipal Value Fund | Financial Services | Asset Management | 16.00% |
| GFI | Gold Fields Ltd | Basic Materials | Gold | 10.16% |
| AU | AngloGold Ashanti plc | Basic Materials | Gold | 9.59% |
| VAL | Valterra Platinum Limited | Basic Materials | Other Precious Metals & Mining | 6.34% |
| FSR | Firstrand Ltd | Financial Services | Banks - Diversified | 6.13% |
| ANG | AngloGold Ashanti Ltd | Basic Materials | Gold | 4.97% |
| SBK | Standard Bank Group Ltd | Financial Services | Banks - Regional | 4.79% |
| CPI | Capitec Bank Holdings Ltd | Financial Services | Banks - Regional | 3.89% |
| IMP | Impala Platinum Holdings Ltd | Basic Materials | Other Precious Metals & Mining | 3.69% |
| 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% |
| MTN | MTN Group Ltd | Communication Services | Telecom Services | 3.46% |
| HAR | Harmony Gold Mining Co. Ltd. | Basic Materials | Gold | 3.32% |
| ABG | Absa Group Ltd | Financial Services | Banks - Regional | 3.26% |
| 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% |