ETFCentral
Sygnia Itrix SWIX 40 ETF
Summary
Issuer
Sygnia
Short Code
SYGSW4
Launch Date
30 October 2017
Index Tracked
FTSE/JSE Swix Top 40
Exposure
Local/Offshore
Local
Asset Class
Equity
Cost
TER
0.12%
Smart Beta
Smart Beta
Yes
Smart Beta Type
Alternative Weighting
Dividends
Distribution Dates
Jan, Jul
Last Dividend Payout
27 January
Next Dividend Payout
TBC
Detailed Description
The FTSE/JSE SWIX 40 Index is a shareholder weighted index that represents the 40 largest stocks with an adjustment to the market capitalization by excluding non-South African holdings, which have a listing on the JSE. The FTSE/JSE TOP 40 Index is used and then the market-cap is adjusted to exclude non South African holdings and is calculated by FTSE /JSE. The index is rebalanced on a quarterly basis and the result of the rebalance is published.