Bips ETFs allow investors to invest in blue-chip shares and other asset classes that were previously very difficult for investors to access.
The FTSE/JSE Top40 index, on which the Bips40 is based, is a market capitalisation index which is used as a proxy for the largest and most liquid shares in South Africa.
Bips Inflation-X gives investors access to Inflation-linked Bonds, an asset class that is uncorrelated to most other asset classes, and is very difficult for small and medium-sized investors to invest in.
By using Bips ETFs, investors are able to construct portfolios that are well diversified across asset classes, lowering their over-all investment risk
| BIPS TOP 40 | |
| Market Price | R30.66 |
| Underlying Index Price | 30623.17 |
| NAV* | R30.722635 |
| INFLATION X | |
| Market Price | R16.49 |
| Underlying Index Price* | 164.723 |
| NAV* | R16.4883 |
| Weighted average yield | 1.8132 |
| *as on close of business 03/01/2012 | |