MVIS® South Africa Index
The MVIS® South Africa Index (MVZAF) tracks the performance of the largest and most liquid companies in South Africa. The index is a modified market cap-weighted index, and it also includes non-local companies incorporated outside South Africa that generate at least 50% of their revenue in South Africa. MVZAF covers at least 90% of the investable universe.
Key Features
| Size and Liquidity Requirements
|
Full MCap of at least 150 mln USD.
Three month average-daily-trading volume of at least 1 mln USD at a review and also at the previous two reviews.
At least 250,000 shares traded per month over the last six months at a review and also at the previous two reviews. |
| Pure-Play
|
Index includes non-local companies. |
| Diversification
|
Company weightings are capped at 8%. |
| Review
|
Quarterly. |
Timescale Slider
| Symbol |
IndexName |
| MVZAF |
MVIS® South Africa Price Index |
| MVZAFTR |
MVIS® South Africa Total Return Net Index |
