TOP40 TR2
Trade with an exchange traded note that gives you exposure to the FTSE/JSE Africa total return index. This is a weighted index comprising the 40 largest companies by market capitalisation.
TOP40 TR2 key features
- Cost effective exposure to the Top40 index
- Tradable
- Tracks the complete return of the index (price and distribution)
- Gross dividend economic benefits are priced into the Index immediately on expiry date
- Listed and traded on the JSE
- Liquidity provided by Investec
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Performance of top40 index vs top40 total return index
Industry weightings in the FTSE or JSE top40 index
TOP40 TR2
| Long name | IB TOP40 TR2 ETN OCT22 |
|---|---|
| Short name | TOP40 TR2 |
| Alpha code | TOPTR2 |
| Expiry date | October 2022 |
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