Satrix Swix
A less volatile Basket of Top 40 Shares
The Satrix Swix Top 40 provides a low cost and efficient way to invest in the FTSE/JSE
Shareholder Weighted Top 40 Index. This index downweights the shares in the
Top 40 index held by non-South African shareholders. Thereby reducing the net weightings
of resources and dual listed stocks and increasing the weightings of financial,
industrial and telecommunications shares, relative to the Top 40 Index. This
index is regarded by South African asset managers and institutional investment advisers
as the primary benchmark for the performance of the South African equity market.
Accordingly, the Satrix Swix Top 40 is designed to appeal to institutional and long-term
investors.
The FTSE/JSE Swix Top 40 Index contains the Top 40 companies in the JSE weighted
by their market capitalisation, free float
and liquidity, but with certain constituent
company weightings being further adjusted for non-South African shareholdings.
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Name: |
Swix
Top 40 |
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Full Name: |
FTSE/JSE SWIX TOP 40 INDEX |
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Description: |
Shareholders weighted Top 40 Index |
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For more information on how Satrix products are structured see
About Satrix on the Main Menu.
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Net Asset Value per Satrix SWIX |
R 5.32
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Distributable Amount per Satrix SWIX |
R 0.01
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| Cash Contribution per SWIX20 Basket |
R 27,269.05
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Transaction fee per redemption
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R 0.00
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Market Capitalisation of Satrix SWIX |
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