SATRIX500 Expands: 100,000 New Securities Listed to Meet Investor Demand

  • SATRIX500, a renowned investment scheme, has listed an additional 100,000 securities for its Satrix S&P 500 Feeder Portfolio.
  • The new securities, priced at approximately R85.77 per security, aim to meet increasing investor demand and enhance market presence.
  • The total number of SATRIX500 securities in circulation now stands at 46,674,051, offering investors more opportunities to participate in the portfolio’s performance.

SATRIX COLLECTIVE INVESTMENT SCHEME has announced the listing of an additional 100,000 securities for its highly sought-after Satrix S&P 500 Feeder Portfolio. The newly listed securities, identified by the JSE code STX500 and NSX code SXN500, will enable SATRIX500 to meet increasing investor demand and strengthen its market presence. The portfolio, registered under the Collective Investment Schemes Control Act, 45 of 2002, has priced the new securities at approximately R85.77 per security.

The listing of the 100,000 securities took effect today, expanding the total number of SATRIX500 securities in circulation to 46,674,051. This significant development offers investors greater opportunities to participate in the performance of the SATRIX500 portfolio, which closely tracks the renowned S&P 500 index.

Vunani Sponsors acted as the JSE sponsor, facilitating the listing process, while PSG Wealth Management (Namibia)(Pty)Ltd, a member of the Namibian Stock Exchange, played a pivotal role as the NSX sponsor.

SATRIX500 is widely recognized as a leading investment scheme that grants investors exposure to the S&P 500 index, comprising the 500 largest publicly-traded companies in the United States. The portfolio’s primary objective is to replicate the performance of the S&P 500 index, allowing investors to diversify their portfolios and capitalize on the potential growth opportunities within the U.S. equity market.

By issuing additional securities, SATRIX500 aims to accommodate the growing demand from investors seeking to optimize their portfolios and leverage the potential growth prospects of the U.S. market. The S&P 500 index has consistently demonstrated resilience and long-term growth potential, making it an attractive investment option for many investors.

The SATRIX500 securities have garnered significant popularity due to their convenience and cost-effectiveness in gaining exposure to the S&P 500 index. With the increased number of securities, investors will enjoy enhanced flexibility and liquidity, enabling them to enter or exit their positions with ease.

Investors keen on acquiring the newly listed SATRIX500 securities can do so through their preferred investment platforms or by consulting with their financial advisors. As always, investors are advised to carefully evaluate their investment goals and risk tolerance before making any investment decisions.

Visited 1 times, 1 visit(s) today

Stay ahead in the financial world – Sign Up to Rateweb’s essential newsletter for free. Get the latest insights on business trends, tech innovations, and market movements, directly to your inbox. Join our community of savvy readers and never miss an update that could impact your financial decisions.

Do you have a news tip for Rateweb reporters? Please email us at


Personal Financial Tools

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



South Africa’s primary source of financial tools and information

Contact Us


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.