CoreShares Total World Stock Feeder ETF Securities to be Listed on JSE

CoreShares
  • CoreShares Total World Stock Feeder ETF securities to be listed on JSE.
  • 500,000 securities to be issued at an issue price of R12.62 per security.
  • The total number of securities in issue will be 51,560,622 from Monday, 15 May 2023.

In a major development for investors, CoreShares Index Tracker Managers (RF) Proprietary Limited (“CoreShares”) has announced the upcoming listing of 500,000 CoreShares Total World Stock Feeder ETF securities on the Johannesburg Stock Exchange (JSE). This move marks a significant milestone for both CoreShares and the investment community, offering new possibilities for diversification and global market exposure.

The CoreShares Total World Stock Feeder ETF is a registered collective investment scheme, operating under the guidelines of the Collective Investment Schemes Control Act, 45 of 2002. By purchasing these securities, investors gain access to a diversified portfolio consisting of global equities, providing them with the potential for enhanced returns and reduced risk.

With the addition of 500,000 CoreShares Total World Stock Feeder ETF securities to the JSE, the total number of securities in issue will rise to 51,560,622. This increase is expected to enhance liquidity and expand market accessibility, enabling investors to buy or sell these securities with greater ease and efficiency.

Diversification is a crucial aspect of successful investing, as it helps mitigate risks associated with individual securities or specific markets. The CoreShares Total World Stock Feeder ETF allows investors to achieve diversification by investing in a broad range of global stocks. By spreading their investments across various countries and sectors, investors can potentially maximize returns while minimizing the impact of any single stock or sector performance.

Investing in ETFs, such as the CoreShares Total World Stock Feeder ETF, offers several advantages over traditional mutual funds or individually managed portfolios. ETFs tend to have lower expense ratios, making them more cost-effective for investors. This is primarily due to their passive investment approach and reduced portfolio turnover. Additionally, ETFs provide transparency by disclosing their underlying holdings, empowering investors to make well-informed investment decisions based on the ETF’s portfolio composition and performance.

The CoreShares Total World Stock Feeder ETF listing on the JSE demonstrates the growing popularity of ETFs among investors seeking diversified exposure to global markets. This expansion provides an opportunity for individuals to participate in the global economy and potentially benefit from the performance of international markets.

The CoreShares Total World Stock Feeder ETF securities will be listed on the JSE at an issue price of R12.62 per security, starting from Monday, 15 May 2023. Investors are encouraged to explore this investment opportunity, as it presents a convenient and cost-effective way to gain exposure to a diversified portfolio of global equities.

With the listing of these additional securities, CoreShares and the JSE are poised to facilitate greater market liquidity, improved accessibility, and enhanced investment opportunities for investors in South Africa and beyond. The CoreShares Total World Stock Feeder ETF is set to play an integral role in driving investor engagement and participation in global markets.

As the financial landscape evolves, the CoreShares Total World Stock Feeder ETF listing on the JSE signifies a significant step forward in democratizing access to international investment opportunities. Investors can embrace the potential benefits of global diversification, improved liquidity, and cost-effective investing through this exciting development in the South African investment landscape.

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