The Johannesburg Stock Exchange (JSE) today announced the listing of the Satrix MSCI ACWI Feeder Exchange Traded Fund (ETF). This innovative ETF grants South African investors access to a global portfolio of both developed and emerging markets, tracking the esteemed MSCI All Country World Index (ACWI).

The fund encompasses a diverse mix of 23 developed and 24 emerging market countries and is designed to mirror the performance of the MSCI ACWI, which represents at least 85% coverage of the listed equities in each included country, ensuring a comprehensive global equity exposure. Satrix is one South Africa's leading providers of index-tracking products, covering a wide range of ETFs and unit trusts.

“The new Satrix MSCI ACWI ETF offers investors access to a broad range of companies from developed and emerging markets within a single fund. This ETF provides investors with an opportunity to track one of the more widely used benchmarks used for global equities, which also includes exposure to large and potentially faster-growing countries like China and India.  This ETF is suitable for investors with a long-term investment horizon,” said Siyabulela Nomoyi, Quantitative Portfolio Manager at Satrix.

Investors seeking aggressive growth opportunities will find the ETF's targeted annual Total Expense Ratio (TER) of 0.35% particularly attractive, offering an efficient, low-cost tool for global market participation. The Satrix MSCI ACWI ETF's listing in South African Rand on the JSE facilitates easy access for local investors to a wide-ranging portfolio that includes 2900 top global companies such as Apple, Microsoft, Meta, Tesla, and Amazon, among others.

With about 62% of the index dedicated to US stocks, followed by significant allocations in Europe-ex UK, Emerging Markets, and other Developed Markets, the ETF is poised to offer a diversified investment landscape. Additionally, the index offers a well-rounded sectoral spread, featuring 22% in Information Technology stocks, 15% in Financials, 12% in Health Care, and 9% in Resources and Energy, while the remaining allocation is dedicated to Industrials.

“We are thrilled to welcome the Satrix MSCI ACWI ETF on the JSE’s Main Board which will offer investors a sophisticated, yet accessible investment option. This listing underscores our commitment to meet the evolving needs of investors, enabling them to strategically position their portfolios on a global scale with ease,” said Adèle Hattingh, Business Development and Exchange Traded Products Manager at the JSE.

Today’s listing brings the total number of ETFs listed on the JSE to 99 with a market cap exceeding R150bn.

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The Johannesburg Stock Exchange (JSE) has a well-established history of operating as a marketplace for trading financial products. It is a pioneering, globally connected exchange group that enables inclusive economic growth through trusted, world-class, socially responsible products, and services for the investor of the future. It offers secure and efficient primary and secondary capital markets across a diverse range of securities, spanning equities, derivatives, and debt markets. It prides itself on being the market of choice for local and international investors looking to gain exposure to leading capital markets on the African continent.

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