I don’t think so. Most ETFs I have come across track the MSCI or S&P/ASX indexes. Not too sure there are many or even any EFTs that follows All Ords.
What is the All Ordinaries index?
The All Ordinaries (XAO) tracks the 500 largest companies listed on the ASX according to their market capitalisation. Commonly referred to as the “All Ords”, it is considered the benchmark index for gauging the performance of the broader Australian stock market.
The All Ords was originally calculated in 1980 with a starting level of 500 and represents close to 90% of the entire value of the ASX.
I doubt there will be much price impact on reshuffle of All Ords component counters.
FLC Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
