ETF CentralETFCentral


Satrix

Satrix SWIX Top 40 ETF (STXSWX)



Summary

Issuer
Satrix
Short Code
STXSWX
Launch Date
10 April 2006
Index Tracked
FTSE/JSE Swix Top 40
Ticker Symbol
JSE:STXSWX


Exposure

Local/Offshore
Local
Asset Class
Equity


Cost

TER
0.44%


Smart Beta

Smart Beta
Yes
Smart Beta Type
Alternative Weighting


Dividends

Distribution Dates
Jan, Mar, Jun, Sep
Last Dividend Payout
26 October 2020
Next Dividend Payout
TBC


Detailed Description

´╗┐This ETF seeks to provide investors with income and capital growth in the medium to long term by tracking the FTSE/JSE Shareholder Weighted Top 40 Index as closely as possible. The index includes the largest 40 companies listed on the JSE, ranked by SWIX net market cap. SWIX stands for Shareholder Weighted Index and refers to the proportion of the company's shares held on the South African share register. Distributions are made quarterly.