SATRIXCAP, a portfolio within the Satrix Collective Investment Scheme, has recently made an exciting announcement that is set to broaden investment opportunities for market participants. Today, SATRIXCAP has successfully listed an additional 600,000 securities on the Johannesburg Stock Exchange (JSE), reinforcing its commitment to providing investors with a diversified investment experience.
SATRIXCAP, known for its SATRIX Capped All Share ETF Portfolio, focuses on tracking the JSE All Share Index while maintaining a cap on individual constituents. This approach allows investors to gain exposure to a broad range of shares within the JSE while minimizing risk. With the listing of these 600,000 additional securities, the total number of SATRIXCAP securities in circulation now stands at an impressive 6,579,427.
To participate in this new opportunity, investors will have the chance to acquire the securities at an issue price of approximately R37.94 per security. SATRIXCAP aims to make the investment accessible to a diverse range of individuals by offering a competitive price point. This move is expected to attract investors seeking controlled exposure to the performance of the JSE All Share Index through a well-diversified investment vehicle.
As a portfolio within the Satrix Collective Investment Scheme, SATRIXCAP adheres to the regulatory framework set forth by the Collective Investment Schemes Control Act, 45 of 2002. This regulatory oversight ensures transparency, accountability, and investor protection, which are crucial elements in maintaining market integrity.