History of the FTSE/JSE Africa Index Series

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.