
BIPS TOP40Bips Top 40 is an Exchange Traded Fund (ETF) listed on the Johannesburg Stock Exchange. The aim of the fund is to provide returns linked to the performance of the FTSE/JSE Top 40 Index. The ETF invests in all the component securities of the index in proportion to their weightings in the index. The FTSE/JSE Top 40 index contains the 41 largest shares in terms of market capitalisation listed on the Johannesburg Stock Exchange. |
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