Johannesburg, 30 October 2024 – Trading under the alpha code 27FGMF, the AMETF will invest in financially sound shares across global sectors, focusing on a portfolio of the top 150-200 counters based on market capitalisation. Its objective is to outperform the MSCI World Price Index. This fund seeks to achieve long-term capital growth over time, providing investors with diversified exposure to liquid offshore companies listed across global exchanges.

“We are excited to debut another multi-factor fund. While multi-factor portfolios may seem less exciting than single-factor ones because they have smaller changes and closely follow the market, research shows they can actually perform better over the long term. An optimised multi-factor strategy can potentially outperform the overall market because it spreads investments across different factors. This is the benefit of diversification,” said Daniel Page, Head of Quants at 27four.

27four Investment Managers is a distinguished, independent South African firm specialising in pooled multi-manager and customised fiduciary management solutions. This listing is part of its strategic rollout of four AMETFs, designed to provide retail and institutional investors with enhanced exposure to the world’s largest and most liquid companies.

Earlier this year, the group introduced its first AMETF, the 27four Large Cap Equity AMETF, followed by the 27four SA Multi-Factor Equity AMETF. This suite of products is quant-based, utilising machine learning, automated algorithms, and statistical techniques to execute trades.

"The growing number of AMETFs on the JSE signals market innovation and enhanced product offerings for investors. AMETFs offer professional fund management services that are cost effective,” said Adèle Hattingh, Business Development & Exchange Traded Products Manager at the JSE.

Today’s listing brings the number of ETF’s available on the JSE to 113. With their total market capitalisation now reaching R187bn, the JSE continues to demonstrate its vital role in shaping South Africa’s financial landscape and its commitment to offering a robust platform for innovative investment products.

ENDS

ABOUT THE JSE

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.

The JSE is currently ranked in the Top 20 largest stock exchanges in the world by market capitalisation, and is the largest stock exchange in Africa, having been in operation for 135 years. As a leading global exchange, the JSE co-creates unlocks value & makes real connections happen.

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