Description: Ashburton Collective Investment Scheme - Ashburton Top 40 Exchange Traded Fund is an exchange traded fund launched and managed by Ashburton Management Company Proprietary Limited. The fund invests in the public equity markets of South Africa. It seeks to invest in the stocks of companies operating across diversified sectors. The fund invests in the stocks of large-cap companies. It seeks to replicate the performance of the FTSE/JSE Top40 Index, by investing in the stocks of companies as per their weightings in the index. The fund was formerly known as RMB Collective Investment Scheme - RMB Top 40 Exchange Traded Fund. Ashburton Collective Investment Scheme - Ashburton Top 40 Exchange Traded Fund was formed on April 12, 2008 and is domiciled in South Africa.
Exchange: JSE
Country: ZA
Currency: South African Rand cents (R)
Category: South Africa & Namibia Equity
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock non-US | 99.67 | 0.00 | 99.67 |
| Cash | 0.33 | 0.00 | 0.33 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Basic Materials | 31.07 | 26.54 |
| Financial Services | 20.36 | 23.84 |
| Consumer Cyclicals | 20.35 | 11.14 |
| Communication Services | 17.82 | 16.50 |
| Consumer Defensive | 5.30 | 9.89 |
| Healthcare | 1.75 | 2.68 |
| Real Estate | 1.46 | 1.06 |
| Industrials | 1.09 | 4.34 |
| Energy | 0.79 | 2.80 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| Africa/Middle East | 54.30 | 62.36 |
| Europe Developed | 25.55 | 16.82 |
| United Kingdom | 18.44 | 13.57 |
| Australasia | 1.72 | 1.73 |
| Japan | 0.00 | 0.49 |
| Asia Emerging | 0.00 | 0.36 |
| Latin America | 0.00 | 0.14 |
| North America | 0.00 | 4.14 |
| Asia Developed | 0.00 | 0.34 |
| Europe Emerging | 0.00 | 0.05 |