ASHINF Index Rebalance: 
ASHINF Index Rebalance

Ashburton Inflation ETF
A portfolio in the Ashburton Collective Investment Scheme (“the portfolio”) registered in terms of the
Collective Investment Schemes Control Act, 45 of 2002
Share Code: ASHINF
ISIN: ZAE000215331
(“ASHINFBND”)


REBALANCING OF THE ASHBURTON INFLATION ETF


Notice is hereby given that the monthly review of the Government Inflation Linked Bond Index (GILBx) has
resulted in a rebalancing of the Ashburton Inflation ETF.

There have been changes to the Ashburton Inflation ETF constituent weightings.

The complete list of current constituents and their respective weightings have been included in the table
below:




 Bond                 Previous Weight    New weight
 I2025                      11.72%        11.37%
 I2029                       3.78%         3.85%
 I2033                       5.26%         5.23%
 I2038                       8.36%         8.86%
 I2046                       7.76%         8.25%
 I2050                      10.52%        11.33%
 R197                       19.23%        18.11%
 R202                       14.40%        14.57%
 R210                        9.42%         9.39%
 R212                        9.55%         9.04%




These changes were applied after the close of business on 07 May 2020 and were effective from 08 May
2020.

The new portfolio constituents can be accessed at:
https://www.ashburtoninvestments.com/za/individual-investor/basket-information/ashburton-inflation-
etf/ZAE000215331


12 May 2020
Johannesburg

Date: 12-05-2020 05:20:00
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