ETFCentral


1nvest

1nvest Top 40 ETF


Summary

Issuer
1nvest
Short Code
STAN40
Launch Date
18 October 2010
Index Tracked
FTSE/JSE Top40


Exposure

Local/Offshore
Local
Asset Class
Equity


Cost

TER
0.27%


Smart Beta

Smart Beta
No
Smart Beta Type
N/A


Dividends

Distribution Dates
Mar, Jun, Sep, Dec
Last Dividend Payout
20 April 2020
Next Dividend Payout
TBC


Detailed Description

´╗┐The fund invests in the constituents of the Top40 Index and aims to replicate the Index by holding the same weightings of these constituents. The Top40 is an equity Index of the 40 largest companies by market capitalisation, listed on the JSE. The fund is rebalanced quarterly and therefore has minimal trading costs. The fund may also hold a small portion in cash instruments and listed derivatives to effect efficient portfolio management.