Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Highly experienced ex-Delta One trader with 17 years of experience trading arbitrage and related strategies across Asian markets.

Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd.

It is important to note that the information provided by Periscope Analytics is based on publicly available data and own knowledge, which has been gathered and synthesized from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions.

All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include, but are not limited to, company announcements, exchange filings, ETF and other passive investment vehicle holdings, and free float and volume data from third-party data providers. Periscope Analytics does not guarantee the accuracy and completeness of the forecasts, estimates and/or other information.

Pan-Asia Index Rebalances/ Events/ Delta One

The CPSE ETF Arb - Bigger Size, Slimmer Margins

CPSE ETF Further Fund Offering - Last Look

India - The Future of CPSE and BHARAT22 ETFs & Potential Rebalance Candidates

NIFTY CPSE Index Review - HUGE Impact & Possibly an Upcoming FFO

NIFTY 50 Rebalance Preview - Saying No to YES

Event-Driven

The Central Public Sector Enterprises (CPSE) Exchange Traded Fund <a href="https://www.smartkarma.com/entities/cpse-etf" target="_blank" rel="noopener" data-smartkarma-citation="entities:28191:1">R* Shares CPSE ETF (CPSEBE IN)</a> is a passive fund that was created to help the Government of India divest some of its stake in selected CPSEs through the ETF route. The ETF is based on the Nifty CPSE index and currently includes 10 listed Central Public Sector Enterprises. This will change to 12 securities once the latest round of rebalancing is completed on 23 January 2020.Each time that the CPSE index has been rebalanced, a Further Fund Offering (FFO) has ensued. We believe this time it will be no different.In this Insight we take a look at the history of the ETF, the current portfolio, historical changes to the index and their impact, and some main points on the potential offering.

The Central Public Sector Enterprises (CPSE) Exchange Traded Fund R* Shares CPSE ETF (CPSEBE IN) is a passive fund that was created to help the Government of India divest some of its stake in selected CPSEs through the ETF route. The ETF is based on the Nifty CPSE index and currently includes 10 listed Central Public Sector Enterprises. This will change to 12 securities once the latest round of rebalancing is completed on 23 January 2020.Each time that the CPSE index has been rebalanced, a Further Fund Offering (FFO) has ensued. We believe this time it will be no different.In this Insight we take a look at the history of the ETF, the current portfolio, historical changes to the index and their impact, and some main points on the potential offering.

Power Grid Corporation Of India (PWGR IN)

A Look at the CPSE ETF Ahead of a Potential Offering