SATRIX Lists 100K Securities for NASDAQ 100 Feeder Portfolio, Boosting Investor Access and Liquidity

• SATRIX Collective Investment Scheme has listed an additional 100,000 securities for its SATRIX NASDAQ 100 Feeder Portfolio on the JSE and NSX.
• The securities are priced at approximately R159.80 per unit, offering investors an opportunity to gain exposure to the NASDAQ 100 Index’s high-growth companies.
• The total number of SATRIXNDQ securities in circulation now stands at 24,320,908, enhancing liquidity and market presence for investors.

SATRIX Collective Investment Scheme has announced the listing of an additional 100,000 securities for its highly sought-after SATRIX NASDAQ 100 Feeder Portfolio. The securities, trading under the JSE code STXNDQ and NSX code SXNNDQ, have been made available for trading on the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange (NSX) as of today.

SATRIXNDQ, registered under the Collective Investment Schemes Control Act, 45 of 2002, has gained significant attention from investors seeking exposure to the dynamic and innovative companies listed on the NASDAQ 100 Index. The newly listed securities have been priced at approximately R159.80 per unit, offering an attractive opportunity for investors looking to capitalize on the growth potential of the NASDAQ 100 Index.

By expanding the number of available securities, SATRIX aims to meet the rising demand from investors who recognize the NASDAQ 100 Index as a benchmark for the performance of leading technology companies. The additional securities enhance the market presence of the SATRIXNDQ portfolio and increase liquidity for investors, contributing to a more robust investment environment.

The NASDAQ 100 Index comprises 100 of the largest non-financial companies listed on the NASDAQ Stock Market, representing various sectors such as technology, consumer discretionary, healthcare, and communication services. SATRIX’s NASDAQ 100 Feeder Portfolio allows investors to gain exposure to this diversified range of high-growth companies and tap into the potential returns associated with the technology sector.

Vunani Sponsors, the JSE sponsor for SATRIXNDQ, and PSG Wealth Management (Namibia) (Pty) Ltd, the NSX sponsor, have played instrumental roles in facilitating the listing process and ensuring compliance with regulatory requirements. This collaborative effort between SATRIX, the JSE, and the NSX demonstrates their commitment to providing a robust and efficient marketplace for investors seeking innovative investment opportunities.

With the listing of these additional securities, the total number of SATRIXNDQ securities in circulation has reached 24,320,908. This milestone further solidifies SATRIX’s position as a leading player in the collective investment scheme landscape, offering investors access to a diverse range of investment opportunities that align with their growth objectives.

Investors interested in capitalizing on the potential of the NASDAQ 100 Index can now take advantage of the newly listed SATRIXNDQ securities. SATRIX Collective Investment Scheme remains committed to delivering value to its investors through innovative investment solutions and will continue to explore opportunities to expand its offerings and meet the evolving needs of the investment community.