CoreShares Launches All Asia ETF on JSE

  • CoreShares Index Tracker Managers (RF) Proprietary Limited lists 1,000,000 All Asia Actively Managed ETF securities on JSE.
  • The ETF offers active management of a diversified portfolio across the Asian region, providing investors exposure to various economies and sectors.
  • Grindrod Bank Limited acts as the corporate advisor and sponsor for the listing, ensuring regulatory compliance and offering expert guidance.

CoreShares Index Tracker Managers (RF) Proprietary Limited has made a major announcement today, revealing the listing of 1,000,000 CoreShares All Asia Actively Managed ETF securities on the Johannesburg Stock Exchange (JSE). With the ETF set to debut on Wednesday, 02 August 2023, investors are presented with an enticing opportunity to tap into the dynamic Asian markets through this actively managed fund.

The CoreShares All Asia Actively Managed ETF is part of the CoreShares Index Tracker Collective Investment Scheme, regulated by the Collective Investment Schemes Control Act, 45 of 2002, and managed by CoreShares Index Tracker Managers (RF) Proprietary Limited. This ETF is specifically designed to offer investors active management of a diversified portfolio across the Asian region, allowing them to gain exposure to a wide range of economies and industries.

Listing Details:

The ETF will be listed on the JSE with the share code APACXJ and ISIN ZAE000322483. Each ETF security will be issued at an initial price of R10.02, providing investors with an affordable entry point into the fund. After the listing of the 1,000,000 securities, the total number of CoreShares All Asia Actively Managed ETF securities in circulation will be 1,001,000.

Corporate Advisor and Sponsor:

Grindrod Bank Limited has been appointed as the corporate advisor and sponsor for this listing. As an established financial institution, Grindrod Bank will play a crucial role in guiding CoreShares through the listing process, ensuring regulatory compliance, and providing expert advice.

Rising Interest in Asian Markets:

The decision to launch the CoreShares All Asia Actively Managed ETF comes at a time of increasing interest in Asian markets among global investors. The region’s robust economic growth, technological advancements, and emerging industries have attracted significant attention from those seeking to diversify their portfolios beyond traditional Western markets.

Advantages of ETF Investing:

Exchange-Traded Funds (ETFs) have gained popularity among investors due to their ease of trade on stock exchanges, diversification benefits, and cost-effective nature. The CoreShares All Asia Actively Managed ETF aims to offer investors exposure to various Asian economies and sectors without the need to invest directly in individual companies.

Investing in an ETF allows investors to spread their risk across a basket of assets, mitigating the impact of any single company’s performance on the overall portfolio. The active management aspect of the CoreShares All Asia Actively Managed ETF further enhances its potential to capitalize on market opportunities and navigate potential risks.

Expert Opinion:

Analysts view the launch of the CoreShares All Asia Actively Managed ETF as a timely move that aligns with investor preferences for gaining exposure to emerging markets like Asia. This ETF could provide investors with an opportunity to participate in the region’s growth potential while being actively managed by investment professionals.

Investor Caution: Despite the potential benefits of the CoreShares All Asia Actively Managed ETF, investors are always advised to conduct thorough research and seek advice from financial professionals before making any investment decisions. Understanding the ETF’s investment objectives, strategy, and associated risks is essential for making informed choices.

Conclusion: The listing of the CoreShares All Asia Actively Managed ETF marks a significant development in the South African investment landscape. As investors continue to look beyond domestic markets for diversification and growth opportunities, ETFs like this one could play an integral role in achieving their investment objectives.

With the rise of emerging markets, investors can now gain access to the Asian region’s growth story through the CoreShares All Asia Actively Managed ETF. As the ETF makes its debut on the JSE, all eyes will be on its performance, and investors will be keen to assess its ability to capture the potential of one of the world’s most dynamic and promising regions.

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