Changes are happening - please bear with us while we update our site.

Join Free
Log in

Changes are happening - please bear with us while we update our site. Click here to give us your advice and feedback.

Join Free
Log in

ASX 200 (XJO) changes announced

The rebalancing to the ASX 200 (ASX:XJO) has been announced this morning.
Picture of Jaz Harrison

Jaz Harrison

Jaz is a Staff Writer for Rask. She is a keen investor who loves to thoroughly poke holes in an investment idea before it has a chance of making it into her portfolio. Jaz invests for the long-term and doesn't sweat the small stuff. She strongly believes that empowering people with knowledge is the best way for them to take charge of their finances, which is exactly the approach she takes with her own money and investments.
More analysis

The rebalancing to the ASX 200 (ASX: XJO) has been announced this morning.

Why is this happening?

Every quarter the S&P Dow Jones changes which businesses will be added and removed from the various indices.

The idea is that the growing companies will enter the ASX 200, the ASX 100 and so on. The businesses that are struggling and shrinking will be kicked out.

So what shares are entering the ASX 200?

The businesses that have grown enough to enter the ASX 200 are: property business Centuria Industrial REIT (ASX: CIP), cloud business Megaport (ASX: MP1), biotech business Mesoblast (ASX: MSB), litigation financing business Omni Bridgeway (ASX: OBL) and gold miner Perseus Mining (ASX: PRU).

Being removed from the ASX 200 is Estia Health (ASX: EHE), Hub24 (ASX: HUB), Jumbo Interactive (ASX: JIN), Mayne Pharma (ASX: MYX), Pilbara (ASX: PLS) and Pinnacle (ASX: PIN).

There is also an additional removal from the ASX 200 because of the demerger of GrainCorp (ASX: GNC) and United Malt Group (ASX: UMG).

Were there any other changes?

A large number of businesses were added and removed from the ASX 300. Some additions include Pointsbet (ASX: PBH), Tyro (ASX: TYR), Australian Ethical (ASX: AEF) and Elmo Software (ASX: ELO). One notable removal was iSignthis (ASX: ISX).

There was also a number of additions to the ASX All Ordinaries like Splitit (ASX: SPT), Sezzle (ASX: SZL) and Bigtincan (ASX: BTH).

There were also some changes in the larger indices. In the ASX 20, Amcor (ASX: AMC) is out and Aristocrat Leisure (ASX: ALL) enters. In the ASX 50, A2 Milk (ASX: A2M) has been added and AMP (ASX: AMP) has been removed. In the ASX 100, Nextdc (ASX: NXT) and Saracen (ASX: SAR) are in and Whitehaven (ASX: WHC) and Unibail-Rodamco-Westfield (ASX: URW) are out.

Why does this matter?

The ASX 200 and the other indices are important measures of which companies are growing or shrinking. One of the most important things is that some exchange traded funds (ETFs) are based on an index like the ASX 200 or the ASX 300. I’m thinking of ETFs like Vanguard Australian Shares Index ETF (ASX: VAS) and BetaShares Australia 200 ETF (ASX: A200).

Some fund managers also have different investment mandates. Perhaps they are only allowed to invest in ASX 200 shares, or ASX shares outside of the ASX 50.

[ls_content_block id=”14945″ para=”paragraphs”]

Disclosure: At the time of writing, Jaz doesn’t own shares in any of the businesses mentioned. 

$50,000 per year in passive income from shares? Yes, please!

With interest rates UP, now could be one of the best times to start earning passive income from a portfolio. Imagine earning 4%, 5% — or more — in dividend passive income from the best shares, LICs, or ETFs… it’s like magic.

So how do the best investors do it?

Chief Investment Officer Owen Rask has just released his brand new passive income report. Owen has outlined 10 of his favourite ETFs and shares to watch, his rules for passive income investing, why he would buy ETFs before LICs and more.

You can INSTANTLY access Owen’s report for FREE by CLICKING HERE NOW and creating a 100% FREE Rask Account.

(Psst. By creating a free Rask account, you’ll also get access to 15+ online courses, 1,000+ podcasts, invites to events, a weekly value investing newsletter and more!)

Access all reports now

Unsubscribe anytime. Read our Terms, Financial Services Guide, Privacy Policy. We’ll never sell your email address. Our company is Australian owned.

Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #383169.

Latest stories

Free passive income report
Skip to content