CoreShares Index Tracker Managers (RF) Proprietary Limited, announced today the listing of 500,000 securities for the CoreShares Yield Selected Bond ETF on the Johannesburg Stock Exchange (JSE). This move is set to provide investors with increased opportunities and solidify CoreShares’ position in the market.
CoreShares Index Tracker Managers (RF) Proprietary Limited, commonly known as CoreShares, operates within the regulatory framework of the Collective Investment Schemes Control Act, 45 of 2002. The company manages portfolios in the CoreShares Index Tracker Collective Investment Scheme, catering to a diverse range of investment needs.
The listing of 500,000 CoreShares Yield Selected Bond ETF securities signifies a significant development for both CoreShares and investors. This new listing brings the total number of CoreShares Yield Selected Bond ETF securities in circulation to 26,689,316. Investors can expect these additional securities to be listed on Friday, July 14, 2023.
The CoreShares Yield Selected Bond ETF provides investors with a valuable opportunity to gain exposure to a diversified portfolio of carefully selected bonds. By investing in fixed income securities, this ETF aims to deliver stable income, making it an attractive option for income-oriented investors.
At an issue price of R10.40 per security, these newly listed securities present an appealing investment opportunity for market participants. Investors are encouraged to seize this opportunity to add the CoreShares Yield Selected Bond ETF to their investment portfolios.