What is the FTSE/JSE Africa index series?
The FTSE/JSE Africa index series was designed to represent the performance of South African companies, while providing investors with a comprehensive and complementary set of indexes, which measure the performance of the major capital and industry segments of the African market.
The FTSE/JSE Africa index series resulted from a joint venture between the JSE Limited (JSE) and the FTSE Group (FTSE), a world leader in the creation and management of indices. The series brought with it a change in the philosophy and methodology for calculating indices and classifying sectors.
The FTSE/JSE Africa index series replaced the JSE Actuaries indices on 24 June 2002 and complies with the recommendations made by the International Organization of Securities Commissions (IOSCO), as laid outin the Principles for Financial Benchmarks published in July 2013 (the IOSCO Principles).
More information is available at www.ftse.com.
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