FTSE/JSE Capped Indices
E914732
FTSE/JSE Capped Indices are South African equity benchmarks that limit the maximum weight of any single constituent to reduce concentration risk and improve diversification for investors.
All labels observed (1)
| Label | Occurrences |
|---|---|
| FTSE/JSE Capped Indices canonical | 1 |
Statements (43)
| Predicate | Object |
|---|---|
| instanceOf |
South African equity benchmark
ⓘ
equity index ⓘ stock market index family ⓘ |
| assetClass | equities ⓘ |
| benefit | improved diversification for investors ⓘ |
| calculationAgent | FTSE Russell NERFINISHED ⓘ |
| country | South Africa ⓘ |
| currency | South African rand NERFINISHED ⓘ |
| dataSource | Johannesburg Stock Exchange traded prices ⓘ |
| feature |
limits maximum weight of any single constituent
ⓘ
reduces dominance of largest South African stocks ⓘ |
| governedBy | FTSE Russell index ground rules ⓘ |
| marketStatus | emerging market ⓘ |
| methodologyFeature |
constituent weight capping
ⓘ
free-float market-capitalisation weighting before caps ⓘ |
| objective |
to provide diversified South African equity benchmarks
ⓘ
to reduce single-stock concentration risk ⓘ |
| primaryUseInSouthAfrica |
benchmark for active managers
GENERATED
ⓘ
benchmark for passive products GENERATED ⓘ |
| provider |
FTSE Russell
NERFINISHED
ⓘ
Johannesburg Stock Exchange NERFINISHED ⓘ |
| rebalancingFrequency | quarterly ⓘ |
| region | Africa ⓘ |
| relatedIndexFamily |
FTSE Global Equity Index Series
NERFINISHED
ⓘ
FTSE/JSE Africa Index Series NERFINISHED ⓘ |
| reviewFrequency | semi-annual index review ⓘ |
| riskManagementFeature | concentration risk control ⓘ |
| sectorCoverage | multi-sector ⓘ |
| segmentCoverage |
broad South African equity market
ⓘ
large-cap South African equities ⓘ mid-cap South African equities ⓘ |
| targetInvestor |
institutional investors
ⓘ
retail investors ⓘ |
| transparencyFeature | publicly available ground rules ⓘ |
| typicalCappingLevel |
10% maximum weight per constituent
GENERATED
ⓘ
15% maximum weight per constituent GENERATED ⓘ |
| underlyingMarket | Johannesburg Stock Exchange NERFINISHED ⓘ |
| useCase |
performance benchmarking
ⓘ
portfolio construction ⓘ risk management ⓘ underlying for exchange-traded funds ⓘ underlying for index funds ⓘ |
| weightingScheme | capped free-float market capitalisation ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.