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Definition

This an ETF which tracks the Dividend Plus Index (STXDIV) as closely as possible. The components of the Dividend Plus index are based on a one-year forecast of future dividend yields. This type of investment is ideal for investors in a tax-free savings account (TFSA). The performance of the ETF may be subdued over the short term but, longer term it will contain the best dividend paying blue chips on the JSE.

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