What Makes the Satrix JSE Global Equity ETF Special?

Satrix is excited to welcome a new player: the Satrix JSE Global Equity Exchange Traded Fund (ETF). This ETF upweights locally listed companies which have primary listings offshore, by tracking the FTSE/JSE Global Investor Index. What this simply means is that it offers a pathway to diversify through exposure to global markets, all the while trading in South African rand on the JSE.

What Makes the Satrix JSE Global Equity ETF Special?

• 34.9% Resources
• 39.3% Industrials ex Technology
• 9.2% Technology
• 16.7% Financials

It’s good to note that no single company can make up more than 10% of the ETF, and the whole basket is checked and adjusted every three months. This keeps any one company from having too much influence and ensures the ETF stays in line with its goal.

One of the biggest perks of this ETF is its ability to act as a safety net against the rand's value dropping. It does this by investing in companies that earn a lot of their money outside South Africa, which can be especially valuable if the local currency weakens.

Who Should Invest in This?

This ETF is aimed at those who are planning for the future and want to invest in local companies with a global reach. It's for investors who understand that while the value of their investment might go up and down like any stock investment, there's potential for growth over time.

As it becomes available on our platform, it represents a strategic opportunity for investors to blend local and global investment strategies, all while dealing in South African rand. Whether you're saving for the long term or looking to diversify your portfolio, this ETF offers a blend of stability and global reach that's hard to beat.

Currently, this ETF is in its Initial Public Offering (IPO) phase and is scheduled to close on Monday, February 27th at midnight. Access to this opportunity is currently exclusive through broker new listings or directly at Satrix, with the ETF expected to list on the JSE on March 12th.

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