History of the FTSEJSE Africa Index Series
2010
FTSE/JSE is planning to launch the FTSE/JSE Equally Weighted Top 40 index. This index will be an equal weight version of the FTSE/JSE Top 40 index. Both indices will comprise of the same stocks. More information on this index will follow in due course
2009
On 13 August the FTSE/JSE Capped Rafi All Share Index was launched. FTSE/JSE RAFI All Share Capped Index is similar to the FTSE/JSE Rafi All Share except that the constituents of the FTSE/JSE Capped Rafi All Share Index are capped at 10% on a quarterly basis.
The JSE SRI Swix Index was launched on 7 December 2009
The changes to the Industry Classification Benchmark (ICB) that were effective 1 December 2009 impacted the FTSE/JSE Africa Index Series, considering FTSE/JSE Africa Real Estate Index (J873) was discontinued and replaced by FTSE/JSE Africa Real Estate Development & Services Index (J863) and FTSE/JSE Africa Real Estate Investment Trusts Index (J867). Furthermore a new index the FTSE/JSE Africa Alternative Energy Index (J058) was launched with the creation of the Alternative Energy Sector (0580).
2008
The FTSE/JSE Rafi All Share Index was launced on 12 May.
The FTSE/JSE RAFI All-Share Index is designed to reflect the performance of the companies from the FTSE/JSE All-Share Index by fundamental factors. These factors are sales, cash flow, book value and dividends.
The FTSE/JSE All Africa Indices were launched on 6 October. The FTSE/JSE All Africa Index Series is designed to represent the performance of the top African companies, providing investors with comprehensive, replicable and transparent indices, which measure the performance of the major capital and industry segments of the African continent.
The FTSE/JSE Shariah Top 40 index was launched on 21 July. The index is designed to reflect the performance of the top Shariah compliant companies, as screened by Yasaar, from the FTSE/JSE Top 40 Index. This index is selected from the FTSE/JSE Top 40 index but unless the companies meet the screening requirements performed by Yasaar, they will not be included. The FTSE/JSE Shariah Top 40 index will not always contain 40 constituents.
The FTSE/JSE Preference Share Index was launched on 16 July.
2007
FTSE/JSE launched three indices. The FTSE/JSE RAFI 40 and the AltX15 were launched on the 1st of October whereas the FTSE/JSE All Share Shariah was launched on the 12th of November. The RAFI 40 derives its constituent weights from company fundamentals, thus leaving one with a universe that differs from the traditional market capitalisation weightings.
The AltX 15 has been designed to be a tradable index as its constituents are the top 15 constituents from the AltX board which have also met the liquidity requirements.
FTSE/JSE All Share Shariah index will represent the performance of the Shariah compliant companies that are included in the FTSE/JSE All Share index.
2006
The FTSE/JSE Dividend+ index designed to measure the performance of higher yielding stocks within the universe of the FTSE/JSE Top 40 and Mid Cap Indices, excluding property companies was introduced on the 21st of August. The SA Resources and Alt X indices went live on the 3rd of April. The definition of Resources remained unchanged, after the implementation of the International Classification Benchmark (ICB), as the combination of Oil and Gas and Mining.
2004
JSE’s Social Responsible Investment (“SRI”) went live on the 20th of May with no history available. Following the market demand, the SA Listed Property (SAPY) and Capped Property (PCAP) indices were launched on the 1st of June with history available from March 2002. The Style indices were launched in August and history on the Value and the Growth indices is available from January 2002.
2003
Capped and Shareholder Weighted indices were launched on the 1st of July. Indicative index values were calculated for the two indices from February and May respectively with history values availed from January 2002.
2002
The JSE Actuaries indices were replaced by the FTSE/JSE Africa Index Series on the 24th of June. FTSE and the JSE provided historic data of the indices for the period July 1995 to December 2001 and the indicative values from the 2nd of January to the 21st of June.