1nvest Fund Managers Approves Listing of Additional ETF Securities, Reflecting Growing Investor Demand

  • 1nvest Fund Managers (PTY) Ltd receives approval from JSE Limited for listing additional participatory interests for four ETF portfolios under the STANLIB Scheme.
  • The additional securities listings include 1nvest S&P500 Info Tech Index Feeder ETF, 1nvest USD Short-Dated Treasury Index Feeder ETF, 1nvest SWIX 40 ETF, and 1nvest Global Government Bond Index Feeder ETF.
  • The listing reflects the growing demand for these ETFs, offering investors exposure to various sectors and asset classes, and reinforces their presence in the South African investment landscape.
Published by
Lethabo Ntsoane

1nvest Fund Managers (PTY) Ltd, the investment manager of the 1nvest ETFs under the STANLIB ETF Collective Investment Scheme, has received approval from the JSE Limited for the listing of additional participatory interests for four of its portfolios. This development will lead to an increase in the total issued number of securities for these ETFs, signaling a growing demand among investors.

Effective June 26, 2023, the following details have been provided for the additional participatory interests of each ETF:

1. 1nvest S&P500 Info Tech Index Feeder ETF (Share Code: ETF5IT)

  • Effective Date: June 26, 2023
  • Price per Security: 1,984 cents
  • Number of Additional Participatory Interests Listed: 100,000
  • Total Issued Number of Securities after Listing: 35,419,500

2. 1nvest USD Short-Dated Treasury Index Feeder ETF (Share Code: ETFUSDTSB)

  • Effective Date: June 26, 2023
  • Price per Security: 1,862 cents
  • Number of Additional Participatory Interests Listed: 175,000
  • Total Issued Number of Securities after Listing: 6,063,500

3. 1nvest SWIX 40 ETF (Share Code: ETFSWX)

  • Effective Date: June 26, 2023
  • Price per Security: 1,309 cents
  • Number of Additional Participatory Interests Listed: 2,000,000
  • Total Issued Number of Securities after Listing: 121,467,982

4. 1nvest Global Government Bond Index Feeder ETF (Share Code: ETFGGB)

  • Effective Date: June 27, 2023
  • Price per Security: 8,541 cents
  • Number of Additional Participatory Interests Listed: 32,500
  • Total Issued Number of Securities after Listing: 2,214,919

These additional securities listings indicate the increasing popularity of these ETFs among investors seeking diversified investment options. The 1nvest S&P500 Info Tech Index Feeder ETF provides exposure to the information technology sector of the S&P 500 Index, while the 1nvest USD Short-Dated Treasury Index Feeder ETF offers exposure to short-term U.S. Treasury securities. The 1nvest SWIX 40 ETF tracks the performance of the FTSE/JSE SWIX 40 Index, and the 1nvest Global Government Bond Index Feeder ETF provides exposure to global government bonds.

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Lethabo Ntsoane

Lethabo Ntsoane holds a Bachelors Degree in Accounting from the University of South Africa. He is a Financial Product commentator at Rateweb. He is an expect financial product analyst with years of experience in reviewing products and offering commentary. Lethabo majors in financial news, reviews and financial tips. He can be contacted: Email: lethabo@rateweb.co.za Twitter: @NtsoaneLethabo