As with all investments, subscribing for, or purchasing shares in a Bips portfolio involves certain risks. Investors will be subject to the risks associated with equity and equity related securities, including tracking accuracy, secondary market trading risk, index risk, credit risk, interest rate risk, exchange rate risk and dividend yields.
The information provided in this document does not constitute investment advice. Investors should ensure that they fully understand any transaction that they enter into and should obtain independent financial, taxation and legal advice before making any decisions about any investment in securities, as certain transactions may not be suitable or appropriate for all investors. Investors should be prepared for fluctuations as market prices will fluctuate according to market conditions, general sentiment and other factors. Bips Investment Managers (Pty) Limited or any of its associates or holding companies does not guarantee the performance of its funds and past performance is not indicative of future performance.
The manager may borrow up to 10% of the market value of the portfolio for liquidity purposes. The manager may also engage in scrip lending of the constituent securities of the fund, on the basis that collateral will at all times exceed the form and with the value of the loan, as prescribed by Collective Investment Schemes Control Act of 2002. Bips Investment Managers (Pty) Limited or any of its or any of its associates or holding companies may make markets or hold units in the Bips ETFs mentioned in this document.
The complete terms and conditions should be taken from the respective programme memorandum and its supplements available on the Bips website (www.bipsetf.co.za).. A schedule of fees and charges as well as full details relating to the Net Asset Value calculation is available from the Bips website. The price at which ETF’s trade on the Exchange may differ from the Net Asset Value price published at the close of the trading day, because of intra-day price movements in the value of
the constituent basket of securities.
Investors are able to obtain a figure of daily income accruals in each fund by visiting the Bips website. Notice of redemptions must be made to the manager by no later than 10:00 on the day prior to the intended trade day.
The information and views expressed are given as at the date of writing and may change without prior notice. Although the information herein has been obtained from sources believed to be reliable, Bips Investment Managers (Pty) Limited or any of its associates or holding companies does not guarantee that it is accurate or complete.
| BIPS TOP 40 | |
| Market Price | R25.06 |
| Underlying Index Price | 24827.88 |
| NAV | R25.030527 |
| INFLATION X | |
| Market Price | R15.02 |
| Underlying Index Price | 150.746 |
| NAV | R15.0501 |