SATRIXRAF Expands: 800K New Securities Listed on JSE

  • SATRIX Collective Investment Scheme lists additional SATRIXRAF securities on the JSE.
  • 800,000 new securities listed with an issue price of approximately R 22.17 per security.
  • The total number of STXRAF securities in circulation now stands at 58,877,270.
Satrix

SATRIX Collective Investment Scheme has announced the listing of additional SATRIXRAF securities on the Johannesburg Stock Exchange (JSE). This move expands the investment options offered by SATRIXRAF and presents new opportunities for investors in the South African market.

The newly listed securities, totaling 800,000, commenced trading today on the JSE. Priced at approximately R 22.17 per security, the issue price reflects the current market conditions and valuation of the SATRIXRAF portfolio. With this successful listing, the total number of STXRAF securities in circulation has reached 58,877,270.

Operating as part of the Satrix Collective Investment Scheme, SATRIXRAF is identified by its JSE code STXRAF and ISIN ZAE000126033. The collective investment scheme is registered under the provisions of the Collective Investment Schemes Control Act, 45 of 2002.

The listing of additional securities demonstrates SATRIX’s commitment to expanding its investment product offerings and catering to the evolving demands of investors. SATRIXRAF, which tracks the performance of the Research Affiliates Fundamental Index® 40, provides investors with exposure to a diversified basket of South African companies that meet specific fundamental criteria.

This strategic move by SATRIX is expected to attract a diverse range of investors seeking investment opportunities aligned with their long-term financial goals. By increasing the availability of SATRIXRAF securities, the investment firm aims to enhance market participation and liquidity in the SATRIXRAF security market.

Vunani Sponsors, a respected JSE Sponsor, played a pivotal role in facilitating the listing process. Their expertise and guidance ensured the smooth execution of the listing, creating an environment conducive to trading and investment activities.

Detailed information on SATRIXRAF, including performance data, pricing, and investment strategy, is available through the JSE platform and authorized financial advisors and brokerage firms.

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