Ann: S&P DJI Announces March 2024 Quarterly Rebalance, page-12

Been trying to figure out what the inclusion into the S&P/ASX 200 fundamentally means for the demand and supply equation for RED shares. As far as I can figure:

1. We still stay in the Vanguard ETF and similar 300 index tracker ETF's, so no change there.
2. There appears to be a lot more ETF index tracker funds tracking the 200 index, then there are the 300.
3. The following table shows at least 6 out of 11 tracking the 200, as compared to perhaps 2 out of 11 tracking the 300.

Fundamentally this should lead to higher demand for RED shares as another 6 substantial ETF's will need to buy in. If correct should we expect a large pick up in ave. daily volumes prior to and immediately after March 18 effectivity.

Any thoughts? Am I on track (Pun?) and should we expect to see a similar trajectory in RED's SP to that late last year when Vanguard took a position? Would that '40c' prophetic HC thread be realised shortly? Or am I off track and things will continue as such, i.e. trading between 38c and 30c, until the next big kicker?

See table below:

Index Tracking

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	Fund Name	ASX Code	Mgmt Fee	Benchmark	Details
BetaShares A200	A200	0.04%	S&P/ASX 200	Tracks the return of the 200 largest ASX companies (not the index specifically).
BetaShares Australian Small Companies Select	SMLL	0.39%	S&P/ASX Small Ordinaries Accumulation	Tracks the return of the S&P/ASX Small Ordinaries Accumulation Index.
BetaShares FTSE RAFI Australia 200	QOZ	0.40%	FTSE RAFI Australia 200	Tracks the return of Australia's 200 largest companies.
BetaShares Geared Australian Equity	GEAR	0.80%	S&P/ASX 200	Tracks the return of the S&P/ASX 200 Index (Geared).
BetaShares S&P/ASX Australian Technology	ATEC	0.48%	S&P/ASX All Technology	Tracks the return of the S&P/ASX All Technology Index.
iShares Core S&P/ASX 200	IOZ	0.09%	S&P/ASX 200	Tracks the return of the S&P/ASX 200 Index.
iShares S&P/ASX 20	ILC	0.24%	S&P/ASX 20	Tracks the return of the S&P/ASX 20 Index.
SPDR S&P/ASX 200	STW	0.13%	S&P/ASX 200	Tracks the return of the S&P/ASX 200 Index.
SPDR S&P/ASX 200 Esg	E200	0.13%	S&P/ASX 200 ESG	Tracks the return of the S&P/ASX 200 ESG Index.
SPDR S&P/ASX 50	SFY	0.29%	S&P/ASX 50	Tracks the return of the S&P/ASX 50 Index.
Vanguard Australian Shares Index	VAS	0.10%	S&P/ASX 300	Tracks the return of the S&P/ASX 300 Index.