Fund Holdings

The current underlying holdings of XACT's exchange-traded funds are listed below. Creations and redemptions of fund units are based on these holdings, as is the real-time valuation of the fund.

Valuation in real time

ETFs are traded at bid-ask prices like most securities. The value of the fund unit is dependent on the value of the underlying basket. Using the portfolio composition files on this page it is possible to calculate the theoretical value of a fund unit.

For all funds except XACT Bull and XACT Bear:
Multiplying the NAV at yesterday's close by today's change in index value gives a good real time approximation. A slightly better estimate is (NAV-cash per unit)*(Current index/Index close)+cash per unit.

XACT Bull and XACT Bear:
 (Cash per block + (Current futures price - Settled close) * (Nominal*100)) / Fund divisor Information of Cash per block, Settled Close for the future, Nominal (No of futures contracts held per block) and Fund divisor (number of fund units per block) can be found in the files on this page.