Fund Summary

Instead of buying the Top40 index (a market cap weighted index), rather allocate an equal allocation to each of the top 40 shares on the JSE, thereby improving diversification. The index holds constituents in equal 2.5% proportions at every quarterly review.

Benefits to Investors

Broad Exposure

Seeks to provide exposure to the Top 40 largest companies on the JSE

Equal Weighting

Equally weights the Top 40 Largest companies in equal proportions of 2.5%

ETF Details

Current price / NAV
Fund sizeR 127 759 906.74
Index value23120.26
Distributable amount32.31c
Launch date25 March 2010
Shares in issue2 605 138
Last 12 month distributions144.59
Share codeCSEW40
Listing priceR 30.01
Market makerSanlam Private Wealth (SPW)
TER0.41%

General Fund Details

ClassificationSouth African – Equity – General
BenchmarkEqually Weighted Top40 Index
Distribution datesMarch, June, September, December
Asset managerCoreShares Asset Management
TrusteeSociété Générale Johannesburg Branch
Risk profileAggressive (5/5)

CoreShares Equally Weighted Top 40 ETF NAV Prices

ETF Fund Holdings

Share NameShare CodeWeight (%)
CAPITEC BANK HOLDINGCPI2.95
ANGLO AMERICAN PLCAGL2.93
ANGLOGOLD ASHANTIANG2.86
BHP GROUP PLCBHP2.84
COM FINANCE RICHMONT SACFR2.79
ABSA GROUP LTDABG2.76
PSG GROUP LIMITEDPSG2.74
BID CORPORATION LIMITEDBID2.73
STANDARD BANK GROUP LTDSBK2.70
NEPI ROCKCASTLE PLCNRP2.65
NASPERS LTD-N SHSNPN2.62
ASPEN PHARMACARE HLDAPN2.61
NEDBANK GROUP LTDNED2.60
BRIT AMERICA TOBACOBTI2.58
LIFE HEALTHCARE GROUP HOLLHC2.58
REMGRO LIMITEDREM2.57
OLD MUTUAL LTDOMU2.56
GROWTHPOINT PROPS LTDGRT2.55
THE FOSCHINI GROUP LTDTFG2.54
RMB HOLDINGS LIMITEDRMH2.53
SANLAM LIMITEDSLM2.51
REINET INVESTMENTS SCARNI2.48
DISCOVERY LTDDSY2.47
BIDVEST GROUP LTDBVT2.46
SPAR GROUPSPP2.45
REDEFINE PROP LTDRDF2.44
SASOL LTDSOL2.43
CLICKS GROUP LTDCLS2.42
NETCARE LIMITEDNTC2.42
FIRSTRAND LTDFSR2.41
TIGER BRANDS LIMITEDTBS2.39
MTN GROUP LIMITEDMTN2.35
MR PRICE GROUP LTDMRP2.26
VODACOM GROUPVOD2.26
SAPPI LIMITEDSAP2.24
SHOPRITE HLDS LTDSHP2.19
WOOLWORTHS HLDS LTDWHL2.07
MONDI PLCMNP2.03
INVESTEC PLCINP1.95
INVESTEC LIMITEDINL0.90
MONDI LIMITEDMND0.66
MULTICHOICE GROUP LTDMCG0.09
Fund weightings ending 28 February 2019

ETF Fund Distributions

Quarter EndedCents Per Unit (CPU)
December 201829.31
September 201849.49
June 201815.72
March 201850.08
December 201767.14
September 201734.35
June 201729.78
March 201744
December 201624.95
September 201660.6
June 20160
March 201665.14
December 201525.45
September 201543.79
June 201537.63
March 201534.7
December 201420.99
September 201430.64
June 201442.45
March 201430.05
December 201321.93
September 201342.63
June 201323.97
March 201330.17
December 201223.34
September 201258.67
June 201263.03
March 201217.21
December 201110.82
September 201128.82
June 201126.68
March 201114.96
December 20107.88
September 201024.34
June 201017.6
All distributions are gross distributions (before dividends withholdings tax)