ETF CentralETFCentral


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
No
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.