Description: The aim is for the investment to reflect the performance of the MSCI EFM AFRICA TOP 50 CAPPED TRN Index (Index) which is designed to reflect the performance of the listed shares of 50 companies from Africa, as classified by MSCI Inc. (MSCI) and as shown on the website of MSCI (www.msci.com/market-classification). The companies making up the Index are large and medium sized companies. A company’s weighting on the Index depends on its relative size and only the 50 largest companies are included based on the combined value of a company’s readily available shares as compared to other companies. The Index is weighted and rebalanced in accordance with the MSCI 10/40 Index Methodology (Methodology). The Methodology complies with legal requirements that the weight of a single issuer cannot exceed 10% of a fund’s assets and the sum of the weights of all issuers representing more than 5% of the fund’s assets cannot exceed 40%.
Exchange: LSE
Country: UK
Currency: US Dollar ($)
Category: Africa Equity
Asset Allocation | |||
---|---|---|---|
Asset Class | Long % | Short % | Net Assets |
Other | 100.00 | 0.00 | 100.00 |
Sector Weights | ||
---|---|---|
Sector | Equity % | Relative to Category |
World Regions | ||
---|---|---|
Region | Equity % | Relative to Category |
Australasia | 0.00 | 0.71 |
Asia Emerging | 0.00 | 0.19 |
North America | 0.00 | 6.72 |
United Kingdom | 0.00 | 3.64 |
Europe Developed | 0.00 | 0.76 |
Africa/Middle East | 0.00 | 87.99 |