Description
CoreShares Index Tracker Collective Investment Scheme - CoreShares S&P South Africa Top50 Exchange Traded Fund is an exchange traded fund launched by CoreShares Index Tracker Managers (RF) Proprietary Limited. The fund is managed by Grindrod Asset Management (Pty) Ltd. It invests in the public equity markets of South Africa. The fund seeks to invest in the stocks of companies operating across diversified sectors. It invests in the stocks of large-cap companies. The fund seeks to replicate the performance of the S&P South Africa Top50 Index, by investing in the stocks of companies as per their weightings in the index. CoreShares Index Tracker Collective Investment Scheme - CoreShares S&P South Africa Top50 Exchange Traded Fund was formed on May 4, 2015 and is domiciled in South Africa.