See some pics from the JSE listing event!
Following an IPO that raised a combined total of R50 million, the Satrix Property (STXPRO) and Satrix Inflation-Linked Bond (STXILB) ETFs listed on the JSE on 24 February 2017.
At the JSE listing event, CEO Helena Conradie outlined the Satrix journey that was started seventeen years ago by now MD of etfSA, Mike Brown. She told the interesting story around the Satrix name, which was originally intended to be Matrix, but that plan was thwarted somewhat by the Matrix movie released around the same time! Satrix then became the perfect brand name for the first South African index tracker, giving all South Africans the opportunity to OWN THE MARKET.
She highlighted that “Satrix will stay relevant and will remain the resonant voice in the South African indexing industry. We will continue to write real stories in the lives of real people”.
The new listings bring the total Satrix ETF offering to 9 funds across different asset classes namely equity, inflation-linked bond and listed property. Satrix intends to further expand this suite during the course of the year, specifically in the smart beta and international space.
Read more about the new Satrix Property ETF
Read more about the new Satrix Inflation-linked Bond ETF
The event was celebrated with the JSE's tradition of blowing the kudu horn and the new ETFs launched on the trading screens at market open - a memorable moment indeed.
Satrix CEO, Helena Conradie and etfSA MD, Mike Brown
Team Satrix at the event
Celebratory cupcakes from our friends at #TeamEasy
POSTED : 24 FEBRUARY 2017