​This portfolio is designed to give exposure to the performance of the SWIX Top 40 Index. The shares in the index are weighted according to the actual investable shares to a typical South African investor, excluding strategic holdings. The return is composed of both dividend income and capital gains achieved on the shares. The weighting of the shares on the SWIX Top 40 TR Index makes this a well-diversified index to track and measure performance against. The portfolio targets the index return gross of fees, with a one-day lag. This makes the portfolio largely suitable for any equity-driven investment strategy, where there is a need for cost-effective market exposure.