NYSE ARCA | ETF
Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities.
The index is based on the FTSE South Africa Index and is designed to measure the performance of South African large- and mid-capitalization stocks.
The fund will concentrate its investments in a particular industry or group of industries to approximately the same extent that the index is concentrated.
It is non-diversified.
Top 10 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| NPN | Naspers Limited | Communication Services | Internet Content & Information | 14.46% |
| FSR | Firstrand Ltd | Financial Services | Banks - Diversified | 8.00% |
| SBK | Standard Bank Group Ltd | Financial Services | Banks - Regional | 6.49% |
| GFI | Gold Fields Ltd | Basic Materials | Gold | 5.98% |
| MTN | MTN Group Ltd | Communication Services | Telecom Services | 4.86% |
| AU | AngloGold Ashanti plc | Basic Materials | Gold | 3.99% |
| SOL | Sasol Ltd | Basic Materials | Specialty Chemicals | 3.79% |
| CPI | Capitec Bank Holdings Ltd | Financial Services | Banks - Regional | 3.71% |
| ABG | Absa Group Ltd | Financial Services | Banks - Regional | 3.66% |
| BID | Bid Corporation Ltd | Consumer Defensive | Food Distribution | 3.53% |