Ashburton Top40 ETF Stock

To provide investors with exposure to the South African equities market through the purchase of a JSE listed ETF. The Ashburton Top40 ETF invests in the 40 biggest companies listed on the JSE based on their market capitalisation. The aim of the Ashburton Top40 ETF is to provide returns linked to the performance of the FTSE/JSE Top40 Index. The ETF tracks the component equities of the index in proportion to the index weightings. The FTSE/JSE Top40 index contains 40 largest companies in terms of market capitalisation.The Ashburton Top40 ETF pays a quarterly distribution, which is made up of any dividends or interest earned from the underlying shares. The fund has exposure to equities and as a result risks include, but are not limited to; general market conditions and market volatility, company specific risk, economic and political risk.