- SATRIXEMG expands its Satrix MSCI Emerging Markets Feeder Portfolio with 100,000 additional securities.
- Each security is priced at approximately R56.40, contributing to a total of 40,672,719 securities in circulation.
- The listing aims to meet investor demand for exposure to emerging markets and diversification opportunities.
SATRIXEMG (JSE: STXEMG, NSX: SXNEMG) has made a significant announcement today, expanding its highly acclaimed Satrix MSCI Emerging Markets Feeder Portfolio through the listing of additional securities. This move aims to provide investors with increased opportunities and access to the promising emerging markets.
The Satrix MSCI Emerging Markets Feeder Portfolio, a crucial component of the Satrix Collective Investment Scheme, has gained significant popularity among investors seeking exposure to emerging markets. These markets have showcased substantial growth and potential in recent years, attracting the attention of both institutional and individual investors.
With effect from today, an additional 100,000 securities have been issued and listed by SATRIXEMG. Each security is priced at approximately R56.40, reflecting the company’s commitment to ensuring accessibility for a broad range of investors. This new issuance has expanded the total number of SATRIXEMG securities in circulation to an impressive 40,672,719 shares.
The decision to list these additional securities underscores SATRIXEMG’s dedication to meeting the increasing demand from investors eager to diversify their portfolios and capitalize on the growth potential of emerging markets. The Satrix MSCI Emerging Markets Feeder Portfolio offers investors exposure to a meticulously selected basket of securities from diverse sectors and regions within emerging markets.
By providing access to a professionally managed and diversified portfolio, SATRIXEMG enables investors to participate in the long-term growth prospects of emerging markets. The company’s reputation as a trusted partner in investment management has been strengthened by its commitment to delivering tailored solutions that align with the evolving needs of investors.
The listing of these additional securities highlights SATRIXEMG’s agility in adapting to market dynamics and seizing opportunities. As investors increasingly seek avenues for capitalizing on emerging market growth, SATRIXEMG’s well-established and reputable investment vehicle serves as an attractive choice.