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% |
| ANG | AngloGold Ashanti Ltd | Basic Materials | Gold | 11.99% |
| AU | AngloGold Ashanti plc | Basic Materials | Gold | 11.94% |
| NPN | Naspers Limited | Consumer Cyclical | Internet Retail | 10.28% |
| GFI | Gold Fields Ltd | Basic Materials | Gold | 9.03% |
| FSR | Firstrand Ltd | Financial Services | Banks - Diversified | 7.06% |
| SBK | Standard Bank Group Ltd | Financial Services | Banks - Regional | 5.37% |
| MTN | MTN Group Ltd | Communication Services | Telecom Services | 5.06% |
| VAL | Valterra Platinum Limited | Basic Materials | Other Precious Metals & Mining | 4.57% |
| CPI | Capitec Bank Holdings Ltd | Financial Services | Banks - Regional | 4.56% |
| IMP | Impala Platinum Holdings Ltd | Basic Materials | Other Precious Metals & Mining | 3.67% |
| ABG | Absa Group Ltd | Financial Services | Banks - Regional | 3.51% |
| HAR | Harmony Gold Mining Co. Ltd. | Basic Materials | Gold | 2.89% |
| DSY | Discovery Holdings Ltd | Financial Services | Insurance - Life | 2.82% |
| SLM | Sanlam Ltd | Financial Services | Insurance - Life | 2.68% |
| SOL | Sasol Ltd | Basic Materials | Specialty Chemicals | 2.57% |
| SHP | Shoprite Holdings Ltd | Consumer Cyclical | Department Stores | 2.54% |
| SSW | Sibanye Stillwater Ltd | Basic Materials | Other Precious Metals & Mining | 2.50% |
| BID | Bid Corporation Ltd | Consumer Defensive | Food Distribution | 2.47% |
| NED | Nedbank Group Ltd | Financial Services | Banks - Regional | 2.17% |