Coreshares S&P500 ETF
The Coreshares S&P500 ETF attempts to track the performance of the S&P 500 index by holding a basket of shares comprising approximately 502 individual companies incorporated in the United States. As a result of consisting of American companies, the fund is US Dollar denominated which means that that fund acts as a Rand hedge (the investor would benefit from a depreciation of the Rand).
Since the fund holds over 500 companies, it is well diversified amongst different industries. This means that an investor will not be over invested in any particular industry.
As at 3 January 2017, the top 25 holdings in the fund are as follows:
|
Apple Inc. |
3.91% |
|
Microsoft Corp |
2.86% |
|
Amazon.com Inc |
2.07% |
|
Facebook Inc A |
1.85% |
|
Johnson & Johnson |
1.65% |
|
Berkshire Hathaway B |
1.64% |
|
JP Morgan Chase & Co |
1.62% |
|
Exxon Mobil Corp |
1.56% |
|
Alphabet Inc A |
1.36% |
|
Alphabet Inc C |
1.36% |
|
Bank of America Corp |
1.22% |
|
Wells Fargo & Co |
1.11% |
|
Procter & Gamble |
1.01% |
|
Chevron Corp |
0.99% |
|
AT&T Inc |
0.98% |
|
Unitedhealth Group Inc |
0.97% |
|
Pfizer Inc |
0.95% |
|
Home Depot Inc |
0.93% |
|
Intel Corp |
0.93% |
|
Verizon Communications Inc |
0.92% |
|
Visa Inc A |
0.91% |
|
Citigroup Inc |
0.91% |
|
Cisco Systems Inc |
0.82% |
|
Comcast Corp A |
0.78% |
|
Coca-Cola Co |
0.77% |