The Johannesburg Stock Exchange (JSE) and FTSE Russell have once more partnered to launch a new multi-asset index solution for the South African market, leveraging the long-standing relationship between the two organizations and the rich base of the existing index offering.

The FTSE/JSE Multi-Asset Composite Index Series is a range of fully integrated multi-asset benchmarks designed to provide broad measures of cross-asset market performance. The series includes a set of indices covering different local and global asset classes; including South African equity, fixed income, and property, as well as versions that include global equity and fixed income exposures. The indices are designed to meet local market regulatory frameworks and are consistent with Regulation 28 of the Pension Fund Act.

Underlying Indices:

The FTSE/JSE All-Share Index (ALSH) is designed to represent the performance of South African companies, providing investors with a comprehensive and complementary set of indices, which measure the performance of the major capital and industry segments of the South African market.

The FTSE/JSE All Bond Index (ALBI) comprises the top 20 "vanilla" bonds ranked dually by liquidity and market capitalization. The ALBI Index includes only conventional listed vanilla bonds, with fixed, semi-annual coupons. Bonds with a term less than one year are excluded.

The FTSE Global All Cap ex South Africa Index (GEIS ex ZA) is a market-capitalisation weighted index representing the performance of the large, mid and small cap stocks globally excluding South African securities. The index aggregates approximately 8,000 stocks covering Developed and Emerging Markets and is suitable as the basis for investment products, such as funds, derivatives and exchange-traded funds.

The FTSE/JSE All Property Index (ALPI) consists of all constituents of the FTSE/JSE Shareholder Weighted All Share Index which belong to the ICB Real Estate Industry.

Index Information

 

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