About the indices

The S&P South Africa Domestic Shareholder Weighted (DSW) Capped Index modifies the S&P South Africa DSW Index to ensure that no single stock weighs more than 10% of the index at each rebalancing. The S&P South Africa DSW Index adjusts the weights of companies in the S&P South Africa Composite Index to reflect the percentage of a company’s total shares outstanding that are owned by South African investors. The S&P South Africa Composite is a float-adjusted (only shares that are available to investors are included, closely held shares and shares held by other companies are excluded), market-cap-weighted index that measures the performance of large-, mid-, and small-cap companies listed on the JSE. The S&P South Africa DSW has 142 constituents. The top 10 holdings are Naspers, Standard Bank, FirstRand, Sasol, MTN, British American Tobacco, Sanlam, Anglo American, Remgro and Shoprite. These holdings comprise 49.9% of the index. Naspers makes up 21.5% of the index. In the capped index, the top 10 holdings make up 41.6% of the index and Naspers’s weighting is 8.8%.

The S&P Global 1200 captures about 70% of the world’s capital markets. It is a composite of seven headline indices for the United States, Europe, Japan, Asia excluding Japan, Canada, Australia and Latin America.

The South Africa Short-term Fixed-interest (Stefi) Composite Index approximates the performance of money market instruments in the market.

The S&P South Africa Sovereign Bond 1+ Year Index tracks the performance of rand-denominated sovereign debt issued by the government in the domestic market, with maturities of one year or more.