FTSE/JSE Shareholder Weighted Index
E919699
The FTSE/JSE Shareholder Weighted Index is a South African equity market index that adjusts constituent weights based on the proportion of shares freely available to public investors, providing a free-float-focused alternative to traditional market-cap weighting.
All labels observed (1)
| Label | Occurrences |
|---|---|
| FTSE/JSE Shareholder Weighted Index canonical | 1 |
Statements (38)
| Predicate | Object |
|---|---|
| instanceOf |
South African stock index
ⓘ
equity index ⓘ stock market index ⓘ |
| assetClass | equities ⓘ |
| calculationMethod | free-float-adjusted market capitalization weighting ⓘ |
| comparisonIndex |
FTSE/JSE All Share Index
NERFINISHED
ⓘ
FTSE/JSE Top 40 Index NERFINISHED ⓘ |
| country | South Africa ⓘ |
| currency | South African rand NERFINISHED ⓘ |
| dataSource | Johannesburg Stock Exchange listed companies ⓘ |
| excludes |
government strategic stakes
ⓘ
insider holdings ⓘ strategic shareholdings ⓘ |
| family | FTSE/JSE index series NERFINISHED ⓘ |
| focus |
free-float shares
ⓘ
publicly available shares ⓘ |
| governance | FTSE/JSE index advisory structures NERFINISHED ⓘ |
| market | Johannesburg Stock Exchange NERFINISHED ⓘ |
| methodologyFeature |
adjusts constituent weights for free-float
ⓘ
emphasizes shares available to public investors ⓘ reduces weight of companies with large strategic holdings ⓘ |
| objective |
to provide an alternative to full market-cap-weighted indices
ⓘ
to represent the performance of South African equities on a free-float basis ⓘ |
| provider |
FTSE Russell
NERFINISHED
ⓘ
Johannesburg Stock Exchange NERFINISHED ⓘ |
| rebalancing | periodic according to FTSE/JSE ground rules ⓘ |
| regionCoverage | South Africa NERFINISHED ⓘ |
| sectorCoverage | multiple sectors of the South African equity market ⓘ |
| shortName | SWIX NERFINISHED ⓘ |
| targetUsers |
asset managers
ⓘ
index product providers ⓘ institutional investors ⓘ |
| transparency | rules-based methodology ⓘ |
| underlyingInstruments | listed shares on the Johannesburg Stock Exchange ⓘ |
| useCase |
basis for index-linked investment products
ⓘ
benchmarking South African equity portfolios ⓘ performance measurement of active managers ⓘ |
| weightingScheme | shareholder-weighted ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.