ETFCentral

Ashburton

Ashburton MidCap ETF (ASHMID)

Summary

Issuer

Ashburton

Short Code

ASHMID

Launch Date

15 August 2012

Index Tracked

FTSE/JSE Mid Cap Index

Ticker Symbol

JSE:ASHMID

Exposure

Local/Offshore

Local

Asset Class

Equity

Cost

TER

0.62%

Smart Beta

Smart Beta

Smart Beta Type

N/A

Dividends

Distribution Dates

Mar, Jun, Sep, Dec

Last Dividend Payout

27 July 2020

Next Dividend Payout

TBC

Detailed Description

The Ashburton MidCap ETF is suitable for investors seeking exposure to the companies represented by the FTSE/JSE Mid Cap Index. Constituents in the index are selected based on a market representation percentage rather than a fixed number. The market representation target for the Mid Cap Index is 85%-96% of the FTSE/JSE All Share Index. The fund offers quarterly distributions and can be used as a building block by investors who wish to construct their own portfolios.