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SFNG Mid Cap 40 Net Return Index
The SFNG Mid Cap 40 Net Return Index is a total return market capitalization weighted index adjusted for free float and designed to provide investors with a reflection of the performance of the mid-sized companies publicly quoted in the Nigerian equity market. The Index will comprise of the next 40 companies (after the SFNG Blue-Chip 30 Index) ranked by full market capitalization in the SFNG BSI. The index reflects the re-investment of dividends net of withholding tax and is a fixed component index.
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