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The fund tracks the FTSE/JSE Capped SWIX All Share index, a broad market index including 99% of the full market cap of eligible JSE listed companies. The constituents are weighted by applying a SWIX free float which represents the proportion of a constituent's share capital on the South African share register. In addition each constituent weight is capped at 10% at each quarterly review. The fund tracks the index using optimisation techniques.
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