SATRIX NEWS

INITIAL PUBLIC OFFERING (IPO) - GLOBAL ETFS

Article by Satrix Investments

Satrix is launching three global ETFs and would like to invite investors to participate in the IPO which opens on Friday 30 June 2017


PLEASE NOTE THE IPO IS NOW CLOSED - ETFs LISTED ON 25 JULY 2017!


The new funds expand our ETF range to offer international equities in developed and emerging markets:

Satrix MSCI World ETF

Satrix MSCI Emerging Markets ETF

Satrix S&P 500 ETF

HOW TO PARTICIPATE

The IPO can be accessed via our ETF platforms, the Satrix Investment Plan or our online portal www.SatrixNOW.co.za. Investors can also contact their brokers directly, but must ensure they are aware of the specific broker's cut-off time.

Subscribers to the Satrix IPO do not pay brokerage or trading costs, and all investors will be allocated securities at the same issued price on listing date. Funds received during the IPO will be held in cash during the ramp-up period and no interest will be earned during the IPO ramp-up period. 

The anticipated date for listing on the JSE is Tuesday 25 July 2017.

Satrix Investment Plan clients must complete the Additional Investment Form IPO or visit www.satrixonline.co.za

SatrixNOW clients can simply login and select New listings from the drop-down menu. Remember to ensure sufficient "Available Funds" for your IPO application.

Not yet a client? Click here to register your SatrixNOW account


POSTED : 29 JUNE 2017

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