Description: CoreShares Scientific Beta Multi Factor Index ETF is an exchange traded fund launched by Coreshares Index Tracker Managers (RF) Pty Ltd. The fund is managed by Grindrod Asset Management (Pty) Ltd. 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 companies across all market capitalizations. It seeks to replicate the performance of the FTSE/JSE Equally Weighted Top 40 Index. The fund was formerly known as CoreShares Top 40 Equally Weighted ETF. CoreShares Scientific Beta Multi Factor Index ETF was formed on March 25, 2010 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 | 98.62 | 0.00 | 98.62 |
| Cash | 2.40 | 1.02 | 1.38 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Basic Materials | 28.02 | 26.54 |
| Communication Services | 26.08 | 16.50 |
| Financial Services | 13.40 | 23.84 |
| Consumer Defensive | 13.19 | 9.89 |
| Consumer Cyclicals | 7.76 | 11.14 |
| Healthcare | 4.03 | 2.68 |
| Real Estate | 2.93 | 1.06 |
| Industrials | 2.30 | 4.34 |
| Energy | 2.30 | 2.80 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| Africa/Middle East | 67.39 | 62.36 |
| United Kingdom | 12.59 | 13.57 |
| Australasia | 11.88 | 1.73 |
| Europe Developed | 8.14 | 16.82 |
| 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 |