Johannesburg, 19 August 2020: On the back of listing its first China-focused Exchange Traded Fund (ETF) in July, the Satrix MSCI China ETF, the Johannesburg Stock Exchange (JSE) is thrilled to announce the listing of yet another new ETF, the Satrix Global Aggregate Bond ETF. This ETF tracks the Bloomberg Barclays Global Aggregate Bond Index, offering investors easy access to global investment grade bonds and therefore diversified exposure to a wide range of currencies and geographies including the United States, Japan, France and China.
Helena Conradie, Satrix CEO says, “Our global ETF range has been very popular with investors seeking to diversify their portfolios. Global bonds are an asset class which does this very well – especially diversifying global equity risk.”
Leading up to the bourse’s 20th anniversary of listing ETFs, there are several milestones that the JSE is celebrating including the recent ETF market cap superseding R100bn, the listing of its very first China-focused ETF, the Satrix MSCI China ETF and now the addition of the Satrix Global Aggregate Bond ETF to its Main Board bringing the total number of local and global bond ETFs to twelve.
“ETFs have very humble beginnings but in the past 20 years of the JSE listing them, they have evolved and grown, with increasing interest as ideal investment options. As a result, close to R600m in ETF value is traded on the JSE daily, while the local ETF market has seen a compounded annual growth rate of 20% since the first listing,” says Valdene Reddy, Director of Capital Markets at the JSE. “The listing of Satrix Global Aggregate Bond ETF will help us as the JSE to expand our offering to further provide diversity for the investors,” she continues.
With the addition of the Satrix Global Aggregate Bond ETF, the JSE now boasts 76 ETFs listed on its Main Board.
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The Johannesburg Stock Exchange (JSE) has a well-established history operating as a market place 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 as 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 130 years.
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