Johannesburg – 27 June 2023: Satrix’s leading range of exchange traded funds (ETFs) have been approved for a secondary listing on A2X Markets. These ETFs will retain their primary listings on the JSE and will be available for trade on A2X from 4 July 2023.
Satrix provides investors with a versatile toolset to access a broad range of local and global indices and manages R170 billion in index-tracking assets across institutional and retail mandates.
The ETFs listing are:
- Satrix 40 ETF
- Satrix Divi Plus ETF
- Satrix MSCI World ETF
- Satrix Fini ETF
- Satrix Quality SA ETF
- Satrix Rafi ETF
- Satrix Nasdaq 100 ETF
- Satrix MSCI Emerging Markets ETF
- Satrix S&P 500 ETF
- Satrix SA Property ETF
- Satrix Swix Top 40 ETF
- Satrix Capped Indi ETF
- Satrix Momentum ETF
- Satrix Resi ETF
- Satrix Inflation Linked Bond ETF
- Satrix Global Aggregate Bond ETF
- Satrix Global Infrastructure ETF
- Satrix Inclusion & Diversity ETF
- Satrix MSCI China ETF
- Satrix MSCI India ETF
- Satrix MSCI Emerging Markets ESG ETF
- Satrix MSCI World ESG ETF
- Satrix SA Local Bond ETF
- Satrix Capped All Share Exchange ETF
- Satrix Healthcare Innovation Feeder ETF
- Satrix Smart City Inf ETF
- Satrix GOVI ETF
- Satrix Shari’ah Top 40 ETF
- Satrix TRACI 3 Month ETF
Satrix CEO, Fikile Mbhokota said, “The team at Satrix is continually looking at ways to add value for our investors. By listing our ETFs on A2X, Satrix ETF investors will now be able to take advantage of additional liquidity and lower exchange fees offered on A2X when transacting.”
Kevin Brady, CEO of A2X markets, added, “Satrix is a pioneer in the South African index-tracking landscape, having launched South Africa's first ETF in 2000. Its ability to provide innovative and inclusive investment solutions to the South African marketplace is evident in the fact that it is not only the largest but also the most awarded ETF provider in South Africa.”
Satrix won nine awards at the 2023 SALTA awards*. Furthermore, its mainstay Satrix 40 ETF won the People’s Choice Award for favourite ETF for the sixth consecutive year.
These ETF listings will bring the number of securities available for trade on A2X to 166 with a combined market capitalisation of over R9 trillion. A2X has listings from many key sectors, including media, property, mining, banking, retail, FMCG, financial services, insurance, healthcare and telecommunications. A2X was authorised to secondary list ETFs and ETNs in 2019 and will now have 63 ETFs on its market.
A2X is a licensed stock exchange that provides a secondary listing venue for companies. It is regulated by the Financial Sector Conduct Authority and the Prudential Authority (SARB) in terms of the Financial Markets Act. A2X began trading in October 2017, with nine approved brokers accounting for about 50% of market activity.
*The award is effective 30 March 2023 and full details are available from Satrix.
For more information, visit https://satrix.co.za/products
Satrix Investments (Pty) Ltd is an approved financial service provider in terms of the Financial Advisory and Intermediary Services Act, No 37 of 2002 (“FAIS”). The information above does not constitute financial advice in terms of FAIS. Consult your financial adviser before making an investment decision. While every effort has been made to ensure the reasonableness and accuracy of the information contained in this document (“the information”), the FSP, its shareholders, subsidiaries, clients, agents, officers and employees do not make any representations or warranties regarding the accuracy or suitability of the information and shall not be held responsible and disclaim all liability for any loss, liability and damage whatsoever suffered as a result of or which may be attributable, directly or indirectly, to any use of or reliance upon the information.
Satrix Managers (RF) (Pty) Ltd (Satrix) is a registered and approved Manager in Collective Investment Schemes in Securities. Collective investment schemes are generally medium- to long-term investments. With Unit Trusts and ETFs the investor essentially owns a “proportionate share” (in proportion to the participatory interest held in the fund) of the underlying investments held by the fund. With Unit Trusts, the investor holds participatory units issued by the fund while in the case of an ETF, the participatory interest, while issued by the fund, comprises a listed security traded on the stock exchange. ETFs are index tracking funds, registered as a Collective Investment and can be traded by any stockbroker on the stock exchange or via Investment Plans and online trading platforms. ETFs may incur additional costs due to being listed on the JSE. Past performance is not necessarily a guide to future performance and the value of investments / units may go up or down. A schedule of fees and charges, and maximum commissions are available on the Minimum Disclosure Document or upon request from the Manager. Collective investments are traded at ruling prices and can engage in borrowing and scrip lending. Should the respective portfolio engage in scrip lending, the utility percentage and related counterparties can be viewed on the ETF Minimum Disclosure Document.