nedbank capital - bettabeta - Exchange Traded Funds (ETF's)
bettabeta etf | nedbank bettabeta | nedbank beta solutions | nedbank top 40 etf | bettabeta top 40 | nedbank etf | nedbank capital etf |
Home > Exchange Traded Funds >SA Exchange Traded Funds > Nedbank BettaBeta Top 40
BettaBeta Equally Weighted Top 40 ETF
It is widely accepted by investors that one of the most convenient ways of exposing a portfolio to South Africa's most prominent listed blue chip companies is via a fund or vehicle that invests in the FTSE/JSE Top 40 Index. Unfortunately, this Index is heavily skewed towards listed companies in the resources sector, so instead of owning a diversified portfolio of shares, Top 40 Index investors often inadvertently find themselves over-exposed to a few large South African mining companies.
- BettaBeta Equally Weighted Top40 Index, calculated independently by the FTSE/JSE.
- This index is constituted of exactly the same companies as defined by the FTSE/JSE as the Top40 index, but are held in equal proportions, being 2.5% each, at the quarterly rebalancing date.
Risk and return metrics for different Top40-based indices since Dec-02
BBEWT40 Top40 CAPI40 SWIX40 Total Return (%) 18.6 17.8 18.3 18.5 Risk - standard deviation (%) 18.8 22.9 21.6 21.1 Risk - ajusted return 0.99 0.78 0.85 0.88
Suitable for investors seeking:
- Investors who require a lower risk exposure to the blue chip equity investments on the JSE.
- Investors that require more balanced benchmarks and passive exposures, and do not support the size- and resource bias of the headline FTSE/JSE indices.
- Liquidity - just like individual shares, the BettaBeta Equally Weighted Top40 trades every day and can be bought and sold at any time during JSE trading hours.
