Big companies dropped from Satrix’s inclusion and diversity index – here’s why

The original article can be found here.

Article highlights:

  • Satrix has rebalanced its inclusion and diversity ETF, which booted some companies and added new ones.
  • Nedbank ascended to the top of the Refinitiv Satrix South Africa Inclusion & Diversity Index, while 2021’s leader, Woolworths, fell off.
  • There’s a lot at play that determines who out of the 300-odd JSE listed companies makes it to the top 30 that form part of this index.