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About the ETF: RMB Midcap ETF [JSE:RMBMID]

by , 28 September 2015

RMB Midcap exchange traded fund (ETF) tracks the Johannesburg Stock Exchange's Midcap Index. The ETF has a listing on the Johannesburg Stock Exchange…

Full name: RMB Midcap ETF
Short name:
Ticker: RMBMID
Sector: JSE listed funds

Five top facts about RMB Midcap ETF

Fact #1:
ETFs are passively managed funds. They aim to track the performance of an underlying index. ETFs have listings on the stock market and trade just like shares.

Fact #2:
RMB Midcap ETF listed on the Johannesburg Stock Exchange in August 2012.

Fact #3:
RMB Midcap ETF tracks the Johannesburg Stock Exchange’s Midcap Index. The index consists of the 60 largest companies listed on the exchange that fall outside of the Top 40 Index.

Fact #4:
RMB Midcap ETF is for investors who want exposure to larger companies on the Johannesburg Stock Exchange, but don’t want to invest in the 40 largest companies. The fund pays out a quarterly dividend to investors.

Fact #5:
RMB Midcap ETF’s top holdings include Redefine Properties, Life Healthcare, Truworths and The Spar Group.

Chart of RMB Midcap ETF’s share price

Chart of RMB Midcap ETF's share price

Financial information

For more financial information about RMB Midcap ETF, click here.

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About the ETF: RMB Midcap ETF [JSE:RMBMID]
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