The mandate of the Satrix Inclusion & Diversity ETF (Satrix I&D) is to track, as closely as possible, the value of the Refinitiv Satrix South Africa Inclusion & Diversity Index. The index uses as its starting point all the listed companies on the JSE that meets Refinitiv’s ESG criteria.

Then, 25 measures are applied that fit into one of four Inclusion and Diversity (I&D) pillars, namely: Diversity; Inclusion; People development; News & controversies. Companies with a non-zero score on each of the four pillars are assigned an overall score, which is simply the average of the pillar scores. They are then ranked based on their overall score in descending order, and the top 30 are included in the index. The index is rebalanced twice a year.