The fund aims to provide long-term capital growth by tracking the performance of the top 40 companies listed on the JSE Securities Exchange (JSE).
This fund is suitable for investors who want to grow capital over the long term by tracking the FTSE/JSE Top 40 Index. The investor can tolerate stock market volatility.
The fund tracks the FTSE/JSE Top 40 Index as closely as possible and invests in shares included in the index. The portfolio is tailored to match the performance of the FTSE/JSE Top 40 Index, but other securities will be held to offset high inflows and index fluctuations. Derivatives may be used for efficient portfolio management purposes.