ETFCentral
1nvest S&P 500 Index Feeder ETF (ETF500)
Summary
Issuer
1nvest
Short Code
ETF500
Launch Date
7 March 2018
Index Tracked
S&P 500
Ticker Symbol
JSE:ETF500
Exposure
Local/Offshore
Offshore
Asset Class
Equity
Cost
TER
0.27%
Smart Beta
Smart Beta
No
Smart Beta Type
N/A
Dividends
Distribution Dates
Total Return - dividends are automatically reinvested
Last Dividend Payout
N/A
Next Dividend Payout
N/A
Detailed Description
The fund is a feeder fund and as such it invests in the iShares Core
S&P500 UCITS ETF. This underlying fund tracks the S&P500 Index
and aims to replicate the performance of the Index.
The S&P500 Index gives the performance of the top 500 leading US listed companies and captures approximately 80% coverage of available market capitalisation. The Index is rebalanced quarterly. The fund may also hold a small portion in cash instruments and listed derivatives to effect efficient portfolio management.
The S&P500 Index gives the performance of the top 500 leading US listed companies and captures approximately 80% coverage of available market capitalisation. The Index is rebalanced quarterly. The fund may also hold a small portion in cash instruments and listed derivatives to effect efficient portfolio management.