Johannesburg, 6 December 2017: Today the Sygnia Itrix 4th Industrial Revolution Global Equity ETF listed on the main board of the JSE. This is the 15th exchange traded fund (ETF) to list on the JSE this year.
The Sygnia Itrix 4th Industrial Revolution Global Equity ETF offers investors exposure to global companies at the forefront of the 4th Industrial Revolution through tracking the Kensho New Economies Composite Index ℠. This index blends exposure to 16 different Kensho market indices, each representing a different 'new economy' industry. Each index focuses on a different sector, including drones, robotics, space, wearables, cybersecurity, 3D printing, autonomous vehicles, nanotechnology, smart buildings, virtual reality, cleantech, genetic engineering and clean energy.
Donna Nemer, Director: Capital Markets at the JSE, says the JSE is proud to offer retail and institutional investors a broadening range of ETFs which offers them access to diverse investment opportunities. "The fourth industrial revolution has been characterised by innovation which not only continues to disrupt existing business models, but is fundamentally changing the way we live, work and interact with one another. This era of rapid change is creating new opportunities for those companies ready to embrace it and the JSE is excited to be able to assist South African investors in gaining exposure to this trend."
Ben Meyer Head of Sygnia Itrix said, "The enhanced Sygnia Itrix Range provides access to local and international investments through a South African-regulated structure, giving choice in an easy and cost-effective way. Sygnia makes it simple and immediate.
The new funds extend our suite of products across varied indices. We are especially excited to be listing the Sygnia Itrix 4th Industrial Revolution Global Equity ETF, because this is an excellent growth area and is unique in the South African market."
From left to right: Prejelin Naggan, Head of
Primary Markets for JSE and Niki Giles, Chief Operation Officer for Sygnia.
From left to right: Ben Meyer Head of Sygnia
Itrix and Niki Giles, Chief Operation Officer for Sygnia
From left to right: Niki Giles, Chief Operation
Officer for Sygnia and Prejelin Naggan, Head of Primary Markets for JSE
ABOUT THE JSE
The Johannesburg Stock Exchange is based in South Africa where it has operated as a market place for the trading of financial products for 130 years. It connects buyers and sellers in equity, derivative and debt markets. The JSE is one of the top 20 exchanges in the world in terms of market capitalisation and is a member of the World Federation of Exchanges (WFE) and holds the chairmanship of the Association of Futures Markets (AFM). The JSE offers a fully electronic, efficient, secure market with world class regulation, trading and clearing systems, settlement assurance and risk management. www.jse.co.za