BIPS40 - Bips Top 40 - Listing of Bips top 40 securities
JSE
BIP
BIPS40 - Bips Top 40 - Listing of Bips top 40 securities
Bips Top 40
A portfolio in the Bips Collective Investment Scheme ("the portfolio")
registered in terms of the Collective Investment Schemes Control Act, 45 of 2002
Share Code: BIPS40
ISIN: ZAE000127767
LISTING OF BIPS TOP 40 SECURITIES
Bridge Capital is authorised to announce that the JSE Limited ("JSE") has
approved the listing on the Main Board of the JSE of Bips Top 40 securities in
the "Exchange Traded Funds" sector, with effect from the commencement of
business on Wednesday, 15 October 2008. 2 105 269 securities will be listed on
Wednesday, 15 October 2008 at a price of R20.106719 per security.
The aim of the portfolio is to provide returns linked to the performance of the
FTSE/JSE Top 40 Index ("the Index") in terms of both price performance as well
as income from the component securities of the Index. The FTSE/JSE Top 40 Index
represents the 40 largest stocks which have a listing on the JSE.
The portfolio will be managed by Bips Investment Managers (Pty) Limited ("the
Manager"), a private company duly incorporated in accordance with the laws of
South Africa on 27 November 2006. The Manager has obtained permission to use the
name and track the index, this has been provided for in terms of a licensing
agreement. The documentation relating to the listing is available at the
registered office of the Manager, being 1 Merchant Place, corner Fredman Drive
and Rivonia Road, Sandton.
Johannesburg
8 October 2008
Sponsor
Bridge Capital Advisors (Pty) Limited
Manager
Bips Investment Managers (Pty) Limited
Originator
Rand Merchant Bank
Date: 08/10/2008 17:38:01 Produced by the JSE SENS Department.
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