ETF: Understanding the iTrix FTSE 100 ETF
The Sygnia iTrix FTSE 100 ETF (SYGUK) gives investors exposure to the 100 largest companies on the London stock exchange. The index, which launched at 1000 points in 1984, is weighted by market capitalisation and represents 81% of the United Kingdom market. Trading on the JSE in rands, the portfolio currency remains British pounds, giving ...