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Satrix SA Bond Portfolio Expands with Listing of Additional Securities

Satrix
  • Satrix SA Bond Portfolio lists an additional 1,000,000 securities on the JSE under the code STXGOV, expanding investment options for investors.
  • The newly listed securities began trading at an issue price of approximately R7.68 per security, enhancing accessibility to the portfolio.
  • With the addition of these securities, the total number of Satrix SA Bond Portfolio (STXGOV) securities in circulation reaches 89,980,722, solidifying its position in the market

Satrix SA Bond Portfolio, a prominent player in the Satrix Collective Investment Scheme, has made a significant announcement today regarding the listing of additional securities. The move aims to provide investors with expanded investment opportunities and further solidify the portfolio’s position in the market.

The Satrix SA Bond Portfolio, registered under the Collective Investment Schemes Control Act, 45 of 2002, has gained popularity among investors seeking exposure to the South African bond market. In response to growing investor demand, the portfolio has issued and listed an additional 1,000,000 securities on the Johannesburg Stock Exchange (JSE) under the JSE code STXGOV (ISIN: ZAE0000285862).

Investors can now access these newly listed securities, which started trading today at an issue price of approximately R7.68 per security. The decision to increase the supply of securities reflects the portfolio’s commitment to meeting the evolving needs of investors and offering enhanced diversification options.

With the addition of the 1,000,000 securities, the total number of Satrix SA Bond Portfolio (STXGOV) securities in circulation has risen to 89,980,722. This expansion presents investors with a broader scope for investment and a chance to capitalize on the portfolio’s well-established performance track record and consistent income generation.

The Satrix SA Bond Portfolio focuses on investing in a diversified range of South African fixed-income instruments, including government and corporate bonds. The portfolio’s investment strategy is meticulously managed by an experienced team of professionals who prioritize risk management and optimizing returns.

By issuing additional securities, the Satrix Collective Investment Scheme aims to make the Satrix SA Bond Portfolio more accessible and cost-effective for investors. This initiative provides investors with an opportunity to gain exposure to the stability and income potential of bonds, while benefiting from the advantages of a collective investment scheme.

The successful listing of these additional securities underscores the continued growth and confidence in the Satrix SA Bond Portfolio as a compelling investment option in South Africa. This expansion is expected to attract new investors and allow existing shareholders to increase their participation in the portfolio, further solidifying its position as a leading choice for bond investments.

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