Johannesburg, 25 March 2025 – These ETNs provide exposure to high-growth global companies across diverse industries, including pharmaceuticals, AI technology, luxury goods, and tourism.
“This latest batch of ETNs reinforces the bank’s commitment to providing investors with affordable and accessible means to participate in global markets. With these new ETNs, we are giving our clients the opportunity to invest in sectors that are shaping the future economy, while simultaneously diversifying their portfolios across industries and geographies,” said Bheki Mkhize, CEO of FNB Wealth and Investments.
The ETNs track the performance of the following companies:
- ASML Holding NV (Alpha codes: ASETNC & ASETNQ)
- Airbnb Inc. Class A (Alpha codes: BBETNC & BBETNQ)
- Broadcom Inc. (Alpha codes: BCETNC & BCETNQ)
- BlackRock Inc. (Alpha codes: BRETNC & BRETNQ)
- LVMH Moet Hennessy Louis Vuitton SE (Alpha codes: LVETNC & LVETNQ)
- Novo Nordisk A/S-B (Alpha codes: NNETNC & NNETNQ)
- Palantir Technologies Inc.- A (Alpha codes: PTETNC & PTETNQ)
- The Walt Disney Company (Alpha codes: WDETNC & WDETNQ)
These FNB ETNs consist of Compo (C) and Quanto (Q) payoffs:
- Quanto ETNs track the price of an underlying share without factoring in USD/ZAR exchange rate fluctuations. The price of the ETN increases or decreases in line with only the percentage movement in the underlying share.
- Compo ETNs track the price of both an underlying share and the USD/ZAR exchange rate. This allows investors to combine the effects of a ZAR/USD view with a view on the underlying stock.
“The JSE is committed to providing a platform for diverse investment products that enable market access and increased investor participation. We are proud to welcome FNB’s latest series of ETNs as they offer investors exposure to well-known, global brands – providing an opportunity to leverage AI, emerging technology, and sustainable investment products,” said Adèle Hattingh, Business Development and Exchange Traded Products Managers at the JSE.
The JSE offers a comprehensive suite of investment products accessible to retail investors includes Exchange Traded Notes (ETNs), Exchange Traded Funds (ETFs) and Actively Managed Exchange Traded Funds (ETFs) as well as Actively Managed Certificates (AMCs). By providing these diverse investment products, the JSE aims to empower retail investors with greater opportunities to diversify their portfolios, access a wide range of assets and optimise their investment performance.
With the addition of these 16 new ETNs, the JSE now offers a total of 77 listed ETNs, with a combined market capitalisation of R9.4 billion.
ENDS
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