SATRIX Collective Investment Scheme Expands Global Opportunities with Additional Securities Listing

  • SATRIX Collective Investment Scheme lists an additional 200,000 securities for Satrix MSCI World Feeder Portfolio.
  • The total number of SATRIXWDM securities in circulation reaches 103,635,639.
  • The listing enhances accessibility and liquidity for investors seeking global market exposure.
Published by
Lethabo Ntsoane

SATRIX Collective Investment Scheme made a significant announcement today regarding its Satrix MSCI World Feeder Portfolio (JSE code: STXWDM, NSX Code: SXNWDM, ISIN code: ZAE000246104). The scheme revealed the listing of an additional 200,000 securities, enhancing the investment options within the highly regarded SATRIXWDM portfolio.

The SATRIXWDM portfolio, registered under the guidelines of the Collective Investment Schemes Control Act, 45 of 2002, has garnered substantial popularity among investors seeking diversified exposure to global markets. The recent issuance and listing of the additional securities will boost the total number of SATRIXWDM securities in circulation to an impressive 103,635,639.

Priced at approximately R76.21 per security, the listing of these 200,000 securities aims to improve the accessibility and liquidity of the SATRIXWDM portfolio. This move is expected to attract both institutional and individual investors, who are keen to capitalize on the long-term growth potential offered by global markets.

The JSE Sponsor, Vunani Sponsors, and the NSX Sponsor, PSG Wealth Management (Namibia) (Pty) Ltd, have played crucial roles in facilitating the listing process. Their expertise and guidance in the financial industry have contributed to the success of the SATRIXWDM portfolio.

The SATRIXWDM portfolio is renowned for tracking the MSCI World Index, a widely recognized benchmark for global equity performance. It offers investors exposure to a diverse range of global companies across various sectors and geographical locations. By investing in this portfolio, investors gain access to a broad spectrum of international equities, potentially benefiting from long-term capital growth.

SATRIX Collective Investment Scheme has established itself as a trusted provider of investment solutions in South Africa and beyond. The expansion of the SATRIXWDM portfolio through the listing of additional securities further solidifies its commitment to offering diverse investment opportunities to a wide range of investors.

Interested investors can explore the SATRIXWDM securities through authorized financial advisors, brokerage firms, and investment platforms. Potential investors are advised to consult with their financial advisors, carefully considering their investment goals, risk tolerance, and overall financial circumstances before making any investment decisions.

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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