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Shares / Re: RMB MidCap ETF
« on: September 11, 2013, 03:36:12 pm »
Indi25
Satrix INDI endeavours to replicate the performance of the FTSE/JSE Industrial 25 index. This index comprises the top 25 industrial companies listed on the JSE.
Satrix INDI accurately replicates the FTSE/JSE INDI 25 index, by holding the shares in this index in exactly the weighted and number they constitute the index. Dividends paid by the underlying companies, less expenses incurred by managing the portfolio, are paid out to Satrix INDI shareholders on a quarterly basis.
Orca, I think they use the weighted average of each security they hold in the indi portfolio, if you look in the indi share basket you notice weekly percentage changes of some stocks, example SAB was there largest holding of 24% of the portfolio about 4 months ago and present holding is around 19%.
If a stock is in a up trend they increase there weighting.
That's the way I see it done but I could be wrong
Satrix INDI endeavours to replicate the performance of the FTSE/JSE Industrial 25 index. This index comprises the top 25 industrial companies listed on the JSE.
Satrix INDI accurately replicates the FTSE/JSE INDI 25 index, by holding the shares in this index in exactly the weighted and number they constitute the index. Dividends paid by the underlying companies, less expenses incurred by managing the portfolio, are paid out to Satrix INDI shareholders on a quarterly basis.
Orca, I think they use the weighted average of each security they hold in the indi portfolio, if you look in the indi share basket you notice weekly percentage changes of some stocks, example SAB was there largest holding of 24% of the portfolio about 4 months ago and present holding is around 19%.
If a stock is in a up trend they increase there weighting.
That's the way I see it done but I could be wrong