SATRIX NEWS

INITIAL PUBLIC OFFERING (IPO) - SATRIX QUALITY SOUTH AFRICA ETF

Article by Satrix Investments

Satrix is launching the Satrix Quality South Africa ETF and investors are invited to participate in the IPO which opens on Friday 1 September 2017

THE IPO IS NOW CLOSED - THE ETF WILL BE AVAILABLE TO INVESTORS ON 26 SEPTEMBER 2017 WHEN IT LISTS ON THE JSE

The Satrix Quality South Africa ETF expands our ETF range to provide investors exposure to high quality 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 26 September 2017.

Satrix Investment Plan clients must visit www.satrixonline.co.za

SatrixNOW clients can simply login and select New 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 : 1 SEPTEMBER 2017

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