SATRIX Collective Investment Scheme has announced the listing of an additional 200,000 securities for its highly sought-after SATRIX S&P 500 Feeder Portfolio. The securities, identified by the JSE code STX500 and NSX code SXN500, are now available for trading as of today, with an issue price of approximately R86.04 per security. This move aims to provide investors with greater access to the SATRIX500 portfolio and diversify their investment options.

Under the registration of the Collective Investment Schemes Control Act, 45 of 2002, SATRIX500 has gained substantial popularity among investors seeking exposure to the U.S. equity market through the renowned S&P 500 index. By offering a feeder portfolio, SATRIX enables investors to indirectly access the S&P 500 through a locally listed security.

The listing of 200,000 additional securities expands the total number of SATRIX500 securities in circulation to an impressive 47,474,051. This expansion underscores the growing demand for the SATRIX500 offering and demonstrates the confidence investors have in the portfolio’s potential for capital growth and long-term returns.