Prescient Management Company Lists 300K REITWAY Global Property ESG ETF on JSE, Expanding Sustainable Investment Options

  • Prescient Management Company to list 300,000 REITWAY Global Property ESG Prescient ETF securities on JSE.
  • The listing aims to meet the increasing demand for socially responsible investment options and provide exposure to the global property market with ESG considerations.
  • The additional securities will bring the total to 900,000 and offer investors an opportunity to build sustainable and impactful portfolios.
Prescient Fund

Prescient Management Company (RF) (Pty) Ltd announced the listing of an additional 300,000 REITWAY Global Property ESG Prescient ETF securities on the Johannesburg Stock Exchange (JSE). This move aims to meet the growing demand for socially responsible investment options and provide investors with exposure to the global property market while considering environmental, social, and governance (ESG) factors.

The REITWAY Global Property ESG Prescient ETF, operating as a portfolio under the Prescient Collective Investment Scheme in ETF Securities, has gained popularity among investors seeking investments aligned with sustainable and ethical practices. By integrating ESG factors into the investment decision-making process, this ETF enables investors to support positive environmental and social impact, along with financial returns.

With the listing of an additional 300,000 REITWAY Global Property ESG Prescient ETF securities, the total number of securities in circulation will reach 900,000 as of Wednesday, 21 June 2023. These securities will be issued at an issue price of R 9.82 per security. The listing process will be overseen by Prescient Structured Product Advisory (Pty) Ltd, a leading advisory firm appointed as the listing advisor for this transaction.

Prescient Management Company aims to enhance market liquidity and accessibility by expanding the availability of these securities. This listing presents an opportunity for both institutional and retail investors to gain exposure to a diversified portfolio of ESG-focused property assets across various regions, furthering the promotion of responsible investment practices.

Visited 1 times, 1 visit(s) today
Do you have a news tip for Rateweb reporters? Please email us at

Sponsored

Start trading with a free $30 bonus

Trade stocks, forex, commodities, metals and CFDs on stock indices with an internationally licensed and regulated broker. For all clients who open their first real account, XM offers a $30 trading bonus without any initial deposit needed. Learn more about how you can trade over 1000 instruments on the XM MT4 and MT5 platforms from your PC and Mac, or from a variety of mobile devices.

Related

Personal Financial Tools

Below is a list of tools built to assist South Africans to make the best financial decisions:

Latest

Rateweb

South Africa’s primary source of financial tools and information

Contact Us

admin@rateweb.co.za

Disclaimer

Rateweb strives to keep its information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products, shopping products and services are presented without warranty. When evaluating offers, please review the financial institution’s Terms and Conditions.

Rateweb is not a financial service provider and should in no way be seen as one. In compiling the articles for our website due caution was exercised in an attempt to gather information from reliable and accurate sources. The articles are of a general nature and do not purport to offer specialised and or personalised financial or investment advice. Neither the author, nor the publisher, will accept any responsibility for losses, omissions, errors, fortunes or misfortunes that may be suffered by any person that acts or refrains from acting as a result of these articles.