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ETF: Understanding SWIX ETFs

Kristia van HeerdenETF Blog, Latest

Shareholder-weighted index (SWIX) trackers are weighted by ordinary shares held in the South African share register. Shares in these blue chip companies held by other companies don’t form part of the weighting of the index, neither do shares held by offshore investors. Since these products are weighted by shares held locally, liquidity is a built-in ...