The Morgan Stanley Capital International (MSCI) South Africa index tracks the performance of the large and mid-cap segments of the JSE. Investors can gain exposure to 85% of the free float-adjusted market capitalisation in South Africa through futures or options. These contracts can be easily accessed via the JSE’s equity derivatives members and are cash settled in rands.
The latest constituent and performance information of the MSCI South Africa Index can be found here.
Who is this for?
This product enables market participants to invest in a basket of listed companies as opposed to trading in individual shares. When trading in index futures, market participants can either buy long or sell short. Hedgers seeking to reduce risk against adverse price movements, speculators hoping to make a profit on short-term movements in the underlying shares and investors seeking to diversify their portfolios should consider this product.
- Capital efficient way to gain exposure to shares.
- Incur lower brokerage fees than you would by trading in the underlying shares.
- Take advantage of price movements in the underlying index.
- Liquid and easily traded.
- Portfolio diversification.
- Short Selling.
How to get it
To trade, register as a client with an authorised JSE Equity Derivatives member