JSE-listed specialist index fund manager 1invest will list all 16 of its exchange-traded funds (ETFs) on South Africa’s exchange platform A2X Markets next Wednesday (October 5).
A2X notes in a statement that 1invest’s ETFs will retain their primary listing on the JSE.
ETF listings from 1invest on A2X
- 1invest Global Government Bond Index Feeder ETF
- 1invest Global Reit Index Feeder ETF
- 1invest MSCI World Index Feeder ETF
- 1invest MSCI EM Asia Index Feeder ETF
- 1invest MSCI World Socially Responsible Investment Index Feeder ETF
- 1invest S&P 500 Index Feeder ETF
- 1invest S&P 500 Info Tech Index Feeder ETF
- 1invest SA bond ETF
- 1invest SA real estate ETF
- 1invest SWIX 40 ETF
- 1invest Top 40 ETF
- 1invest Gold ETF
- 1invest Palladium ETF
- 1invest platinum ETF
- 1invest Rhodium ETF
- 1invest ICE US Treasury Short Bond Index Feeder ETF
A2X notes that these ETF listings will bring the total number of securities available for trading on A2X to 88, including 35 exchange traded products, with a combined market capitalization of approximately R5 trillion.
“ETFs are an affordable investment opportunity due to the transparent structure and fees as well as the low fund management costs,” says 1invest Managing Director Johann Erasmus.
“By listing our ETFs on A2X, our investors can benefit from the lower trading costs and increased liquidity of A2X, making 1invest ETFs an even more attractive vehicle.”
Kevin Brady, CEO of A2X, says the company looks forward to welcoming 1invest’s offering of local and international ETFs, which he says will benefit both the company and its investors.
The index fund manager joins Absa, Investec and Sygnia with secondary ETF listings on the platform.
A2X said it was authorized to list secondary ETFs and exchange-traded notes (ETNs) in 2019 and will now list 35 ETFs and two ETNs on its market.
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Nondumiso Lehutso is an intern at Moneyweb.