SATRIXNDQ Boosts Portfolio with 100K Listings, Expanding Investor Access

SATRIX COLLECTIVE INVESTMENT SCHEME, a leading investment management company, has made a significant announcement regarding its popular Satrix NASDAQ 100 Feeder Portfolio (JSE code: STXNDQ, NSX code: SXNNDQ, ISIN code: ZAE000256301). The company has successfully issued and listed an additional 100,000 securities, expanding the SATRIXNDQ offering and providing investors with enhanced opportunities to tap into the potential of the NASDAQ 100 Index and its constituent companies.

The SATRIXNDQ portfolio, registered under the Collective Investment Schemes Control Act (Act 45 of 2002), has gained popularity among investors seeking diversified exposure to the top 100 non-financial companies listed on the NASDAQ stock exchange. With the recent listing of 100,000 additional securities, the total number of SATRIXNDQ securities in circulation has reached an impressive 24,620,908.

These newly listed securities were made available at an issue price of approximately R162.23 per security. SATRIXNDQ’s strategic decision to expand the number of securities aims to cater to the growing demand for investment opportunities in the technology sector and to provide investors with improved access to the NASDAQ 100 Index, which comprises innovative and high-growth companies.