SATRIXCAP Lists Additional Securities, Expanding Investment Opportunities in Popular ETF Portfolio

Satrix
  • SATRIXCAP, a portfolio within the Satrix Collective Investment Scheme, has listed an additional 100,000 securities in its SATRIX Capped All Share ETF Portfolio.
  • The issue price for each security is approximately R37.83, with a total of 8,879,427 securities now in circulation.
  • The listing aims to expand investment opportunities, enhance liquidity, and offer investors flexibility within the SATRIXCAP portfolio.

SATRIXCAP made an exciting announcement today regarding the listing of additional securities in its highly popular SATRIX Capped All Share ETF Portfolio. The move aims to broaden investment opportunities and cater to the evolving needs of investors.

Effective immediately, SATRIXCAP has successfully issued and listed an additional 100,000 securities on the Johannesburg Stock Exchange (JSE). The issue price for each security has been set at approximately R37.83. With this new listing, the total number of SATRIXCAP securities in circulation has reached an impressive 8,879,427.

The SATRIX Capped All Share ETF Portfolio offers investors a diversified investment strategy by closely tracking the performance of the FTSE/JSE Capped All Share Index. By including a wide range of companies listed on the JSE, the portfolio ensures exposure to various sectors and market segments, minimizing risk and maximizing potential returns.

SATRIXCAP operates as a portfolio in the Satrix Collective Investment Scheme, which is registered under the Collective Investment Schemes Control Act, 45 of 2002. This regulatory compliance underscores SATRIXCAP’s commitment to providing a secure investment environment and abiding by industry regulations.

The decision to issue and list additional securities aligns with SATRIXCAP’s long-term growth objectives and its mission to offer investors access to a diverse range of investment opportunities. The increase in the number of securities in circulation aims to enhance liquidity within the SATRIX Capped All Share ETF Portfolio, providing investors with increased flexibility when entering or exiting positions.

The listing of additional securities by SATRIXCAP demonstrates the company’s confidence in the market and its commitment to meeting the evolving needs of its investor base. This expansion is expected to attract more investors who are seeking exposure to a broad range of JSE-listed companies while maintaining a cap on individual company weightings.

Market participants and investors should closely monitor the listing of these additional securities, as it may introduce new investment opportunities and impact trading dynamics within the SATRIXCAP securities. The JSE Code for the SATRIX Capped All Share ETF Portfolio is STXCAP, and the International Securities Identification Number (ISIN) is ZAE000303905.

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Lethabo Ntsoane

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

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