The Satrix Resi ETF Portfolio, registered under the Collective Investment Schemes Control Act, 45 of 2002, has adjusted the weightings of several constituents in response to the review. The complete list of constituents and their respective weightings, both prior to and after the rebalancing, is provided below:
|Code||Share||Previous Weight||New Weight|
|AGL||Anglo American plc||27.46%||30.95%|
|AMS||Anglo American Plat Ltd||4.03%||3.71%|
|ANG||Anglogold Ashanti Ltd||11.20%||11.57%|
|BHG||BHP GROUP PLC||7.66%||7.00%|
|GFI||Gold Fields Ltd||13.14%||14.86%|
|IMP||Impala Platinum Hlgs Ltd||9.91%||7.87%|
|SSW||Sibanye Stillwater Ltd||7.50%||5.68%|
The changes to the constituent weightings came into effect on Monday, June 19, 2023, following the close of business on Thursday, June 15, 2023.
Rebalancing portfolios periodically is a common practice in the investment industry to ensure alignment with market conditions and investment objectives. The Satrix Resi Portfolio’s adjustments reflect the changing landscape of the FTSE/JSE Resource 10 Index and seek to optimize the portfolio’s performance based on the latest market insights.