Sygnia Itrix ETF Delists: Market Dynamics Under Watch

  • Sygnia Itrix MSCI World ETF partially delists 1,433,237 securities from JSE at ZAR 55.4 per security.
  • Total SYGWD securities in issue now reduced to 247,060,355.
  • Investors and market participants closely monitor the impact on ETF's performance and trading dynamics.

The Sygnia Itrix MSCI World ETF (JSE Code: SYGWD, ISIN: ZAE000249553) made headlines today as it executed a partial delisting of 1,433,237 of its securities from the Johannesburg Stock Exchange (JSE). This move comes as a significant development in the ETF market, impacting investors and market participants alike. The delisting, which commenced during today’s business hours, saw these securities being removed at an approximate price of ZAR 55.4 per security. Following the delisting, the total number of SYGWD securities in issue now stands at 247,060,355.

ETFJSE CodeISINInitial SecuritiesDelisted SecuritiesRemaining Securities
Sygnia Itrix MSCI World ETFSYGWDZAE0002495531,680,297,5921,433,237247,060,355

The Sygnia Itrix MSCI World ETF is part of the Sygnia Itrix Collective Investment Scheme in Securities, which operates under the regulations of the Collective Investment Schemes Control Act, 45 of 2002. As one of the popular investment options in the market, the ETF offered investors exposure to a diversified portfolio of global equities, providing them with an opportunity to tap into a broad range of companies across different sectors and regions worldwide.

While the specific reasons behind the partial delisting were not disclosed in the announcement, such events can occur for various strategic or operational reasons. It is worth noting that partial delistings are not uncommon, and they can be undertaken to optimize the fund’s investment objectives or streamline its overall structure.

The approximate price of ZAR 55.4 per security during the delisting reflects the valuation of the securities at the time of the transaction. Several factors may have influenced this price, including prevailing market conditions and the ETF’s performance leading up to the event.

For investors and market participants, the partial delisting can have several implications. With a reduction in the number of securities in issue, the supply of SYGWD shares available for trading decreases. This limited availability of shares may potentially lead to an increase in demand, which could impact the ETF’s market price.

Market analysts and experts will closely monitor the aftermath of this partial delisting to gauge its impact on the Sygnia Itrix MSCI World ETF’s performance and the broader market dynamics. Investors are advised to exercise caution during this period of change and uncertainty and conduct thorough research before making any investment decisions.

Visited 1 times, 1 visit(s) today

Stay ahead in the financial world – Sign Up to Rateweb’s essential newsletter for free. Get the latest insights on business trends, tech innovations, and market movements, directly to your inbox. Join our community of savvy readers and never miss an update that could impact your financial decisions.

Do you have a news tip for Rateweb reporters? Please email us at


Start trading with a free $30 bonus

Trade stocks, forex, commodities, metals and CFDs on stock indices with an internationally licensed and regulated broker. For all clients who open their first real account, XM offers a $30 trading bonus without any initial deposit needed. Learn more about how you can trade over 1000 instruments on the XM MT4 and MT5 platforms from your PC and Mac, or from a variety of mobile devices.


Personal Financial Tools

Below is a list of tools built to assist South Africans to make the best financial decisions:



South Africa’s primary source of financial tools and information

Contact Us


Rateweb strives to keep its information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products, shopping products and services are presented without warranty. When evaluating offers, please review the financial institution’s Terms and Conditions.

Rateweb is not a financial service provider and should in no way be seen as one. In compiling the articles for our website due caution was exercised in an attempt to gather information from reliable and accurate sources. The articles are of a general nature and do not purport to offer specialised and or personalised financial or investment advice. Neither the author, nor the publisher, will accept any responsibility for losses, omissions, errors, fortunes or misfortunes that may be suffered by any person that acts or refrains from acting as a result of these articles.