Innovation in the global financial arena has seen the evolution of an exciting investment product – the Exchange Traded Fund (ETF). ETFs provide a new investment platform that leverage opportunities in the world's leading financial markets by replicating the performance of stockmarket indices – such as the Dow Jones and FTSE.

Rand Merchant Bank has developed a suite of ETF investments called Bips (Beta Investment Performance Securities) that allows you simple, efficient access to the local markets.

» What are ETFs?

ETFs are well-established, dynamic financial tools that are contributing to the rapid changes in the investment landscape for individuals and institutional investors alike . . . more

 

» What are Bips ETFs

Consistent with Rand Merchant Bank’s (RMB) reputation for insightful product innovation, the Bank has developed a suite of Exchange Traded Funds – an ETF, branded as Bips, short for Beta Investment Performance Securities . . . more

 

» Why Bips ETFs

A Bips ETF, and the companies contained within it, broaden investment horizons and provide an effective method of accessing entire markets . . . more

Fund Information

BIPS TOP 40
Market Price	R30.28
Underlying Index Price	30324.28
NAV*	R30.514355
INFLATION X
Market Price	R16.42
Underlying Index Price*	163.765
NAV*	R16.3940
Weighted average yield	1.8631
*as on close of business 26/01/2012
Market Prices above are calculated as the mid of the best bid and offer. They are 15 minute delayed and are purely indicative