Satrix is launching the Satrix Nasdaq 100 ETF and investors are invited to participate in the IPO which opens on Wednesday 14 March 2018.
THE IPO IS NOW CLOSED - THE ETF WILL BE AVAILABLE TO INVESTORS ON 10 APRIL 2018 WHEN IT LISTS ON THE JSE
The Satrix Nasdaq 100 ETF expands our global ETF range to provide investors exposure to companies on the JSE.
HOW TO PARTICIPATE
The IPO can be accessed via our online platform www.SatrixNOW.co.za or the Satrix Investment Plan. Investors can also contact their brokers directly, but must ensure they are aware of the specific broker's cut-off time.
Subscribers to the IPO do not pay brokerage or trading costs, and all investors will be allocated securities at the same issued price on listing date. Funds received during the IPO will be held in cash during the ramp-up period and no interest will be earned during the IPO ramp-up period.
The anticipated date for listing on the JSE is Tuesday 10 April 2018.
SatrixNOW clients can simply login and select New ETF listings from the drop-down menu. Remember to ensure sufficient "Available Funds" for your IPO application.
Not yet a client? Click here to register your SatrixNOW account
POSTED : 14 MARCH 2018