What is Ashburton Top 40 ETF
Ashburton Top 40 ETF is an Exchange Traded Fund listed on the Johannesburg Stock Exchange (JSE) that is suitable for all kinds of investors that are seeking a cost-efficient and convenient investment that will give them exposure to 40 of the largest companies listed on the JSE in terms of their market capitalization.
The history of Ashburton Top 40 ETF goes back to the year 2008 when it was founded on April 12. The fund was formerly known as RMB Collective Investment Scheme – RMB Top 40 Exchange Traded Fund.
Ashburton Top 40 ETF offers quarterly distributions with no prescribed fixed investment period. The fund can also act as a building block for investors to use when constructing their own portfolios. Ashburton Top 40 ETF was formed with the objectives and strategy to provide investors with exposure to the South African equities market through the purchase of a JSE-listed ETF.
The Ashburton Top40 ETF invests in the 40 biggest companies on the JSE to provide returns linked to the performance of the FTSE/JSE Top40 Index. The ETF tracks the component equities of the index in proportion to the index weightings.
The Ashburton Top40 ETF pays a quarterly distribution, which is made up of any dividends or interest earned from the underlying shares.
The fund has exposure to equities with resulting risks that include general market conditions and market volatility, company-specific risk, and economic and political risk.
Today, Ashburton Top 40 ETF has a diversified portfolio of products and services in more sectors of the Financials value chain and services rendered.
Ashburton Top 40 Exchange Traded Fund is managed by Ashburton Management Company Proprietary Limited. The fund invests in the public equity markets of South Africa and in the stocks of companies operating across diversified sectors. Ashburton Top 40 ETF seeks to replicate the performance of the FTSE/JSE Top40 Index, by investing in the stocks of companies as per their weightings in the index.
Ashburton Top 40 ETF’s equity stocks are for sale online on the Johannesburg Stock Exchange (JSE) under the stock symbol ASHT40.
Ashburton Top 40 ETF has its head office at 1 Merchant Place, Corner Fredman Drive and Rivonia Rd, P. O. Box 786276, Sandton 2416, South Africa
The current CEO or managing director of Ashburton Investments is Sizwe Nxedlana.
Ashburton Top 40 ETF forms part of the Financials sector, specifically, the Investment Services industry of the Johannesburg Stock Exchange (JSE). Ashburton Management Company RF (Pty) Ltd, is the issuer of the ASHT40, Ashburton Inflation ETF (-0.94%), Ashburton Mid Cap ETF (-1.25%), Ashburton World GovB ETF (-5.11%) and Ashburton Global 1200 FOF ETF (-7.32%) stocks on the Johannesburg Stock Exchange.
Ashburton Top 40 ETF Stock Performance
At the time of writing the most recent or current price for Ashburton Top 40 ETF stocks on the Johannesburg Stock Exchange (JSE) was 68.90 ZAR.
Financial data of Ashburton Top 40 ETF available from several sources showed that the company has a total market capitalization of 2.43 Billion ZAR. A total of 35.4 Million shares were outstanding. Further analysis of financial data shows a Gross Turnover of 284,617.00 ZAR.
With an expected increase in earnings per share and reliable profits over future periods, potential investors who want to buy or sell Ashburton Top 40 ETF stocks can be hopeful about more profitable, even lucrative, dividends and earnings in times to come.
According to an analysis on the live chart of Ashburton Top 40 ETF, some analysts forecast a possible further improved performance for the company as well as the Financials sector with market share to grow as trading volumes may increase.
Highlights of Ashburton Top 40 ETF in 2025/2022
Ashburton Top 40 ETF (ASHT40) started the current financial year with a share price of 67.18 ZAR on the Johannesburg Stock Exchange (JSE), and it has since gained 2.26 % in value on that price valuation, currently ranking 137th on the JSE with its year-to-date performance.
Due to this performance, Ashburton Top 40 ETF is currently the 228th most-traded stock on the JSE. The ASHT40 stock has experienced a total trading volume of more than 3.99 million shares, which were finalized in a total of 1,913 deals and were valued at a total of 264 million ZAR over the most recent three-month period from November 2025 to February 2025, with an average of 63,320 shares involved in each of the trading sessions.
During the same period, a volume high of 397,667 shares was traded on December 1 and the lowest number recorded was 7,920 on December 31.
The volume of shares traded varied between 17,514 and 387,096 for the last ten trading days.
Ashburton Top 40 ETF has several market competitors who are also engaged in the Financial sector and the Investment Services industry, of which the most important ones are RECM and Calibre Limited, 1nvest Rhodium ETF, and NewGold Palladium ETF.
How to buy Ashburton Top 40 ETF stocks – Step by Step
The stock market remains one of the most attractive financial markets that still sees millions of retail investors and traders participating and investing daily. To buy, sell or trade Ashburton Top 40 ETF stocks on the Johannesburg Stock Exchange (JSE), traders and investors can follow the next simple and easy steps:
- Select an online forex broker that offers access to trading on the Johannesburg Stock Exchange (JSE).
- Look for the specific share that you want to buy, in this case, “ASHT40”.
- Review and evaluate the broker’s trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are suitable and can be aligned with your trading needs and plans.
- Register and open a live trading account with the broker by completing the online application form and providing copies of the requested documentation to verify the trading
- Once your account has been approved, you are ready to make your first share purchase through the broker.
- You can from then on start to build and continue to diversify your portfolio by buying more shares.
FAQ
What is the JSE?
It was in 1887 during the first South African gold rush that the Johannesburg Stock Exchange (JSE) was established. Today, it is the most important stock exchange in South Africa, as well as the largest exchange on the entire continent of Africa.
According to its description as the “engine room of the South African economy,” the Johannesburg Stock Exchange is located in Sandton, Johannesburg, and its primary mission is to facilitate the raising of primary capital for listed companies while also improving job opportunities and wealth creation by providing an orderly market for investors to trade securities. The Johannesburg Stock Exchange was established in 1899 and is headquartered in Sandton, Johannesburg.
The Johannesburg Stock Exchange transitioned to electronic trading in 1996 and demutualized and listed on its own exchange in 2005.
On which stock exchange does Ashburton Top 40 ETF have shares for sale?
Ashburton Top 40 ETF trades its equity on the Johannesburg Stock Exchange (JSE) under the stock symbol ASHT40.
What type of company is Ashburton Top 40 ETF?
Ashburton Top 40 ETF is an Exchange Traded Fund listed on the Johannesburg Stock Exchange (JSE) that is suitable for investors seeking a cost-efficient, convenient investment with exposure to 40 of the largest companies listed on the JSE in terms of market capitalization.
In which industry and sector does Ashburton Top 40 ETF operate?
Ashburton Top 40 ETF forms part of the Financials sector, specifically, the Investment Services industry of the Johannesburg Stock Exchange (JSE).
What was the most recent price of Ashburton Top 40 ETF shares?
At the time of writing, the most recent or current price of Ashburton Top 40 ETF shares was 68.90 ZAR on the Johannesburg Stock Exchange (JSE).
Is Ashburton Top 40 ETF a good investment?
Choosing whether to hold on to a stock or sell it can be a difficult issue to navigate. For selling a stock, there is no universally applicable or one-size-fits-all technique. Instead, it is up to the individual investor to determine his or her own investment plan based on a variety of characteristics such as risk tolerance, time horizon, and financial objectives.
Before selling, it’s crucial to evaluate which stock will be sold first, as this will have an impact on your tax situation afterward. Unless otherwise noted, a stock that is sold is typically done so on a first-in, first-out (FIFO) basis unless otherwise specified.
Ashburton Top 40 ETF forecast indicates further growth and improvement in the next quarter from 2025, with investors expecting lucrative dividends and returns with increased financial performance.
What have been the recent and Year to Date stock price changes for Ashburton Top 40 ETF?
The Year to date change in the stock price of Ashburton Top 40 ETF is 2.26 %. The change over six months and twelve months was 9.73 % and 17.1 % respectively.