Arysteq, a prominent Namibian asset management company, made history by listing its first Actively-Managed Exchange Traded Fund (AMETF) on the Johannesburg Stock Exchange (JSE). The Arysteq Short-Term Income AMETF (ASIETF) offers investors a low-cost alternative to traditional non-listed products. This move, approved by the Namibia Financial Institutions Supervisory Authority (Namfisa), marks the first Namibian-based fund to be listed on the JSE.
The ASIETF focuses on investing in Namibian short- to medium-dated instruments, which are deemed either risk-free or carry some credit risk. These instruments include a diverse range issued by banks and other institutions, providing investors with a variety of options within the fund.
Purvance Heuer, the managing director of Arysteq, emphasized the company’s core values as instrumental in achieving this milestone. He highlighted their commitment to innovation and excellence, which have been driving forces behind the development of the Arysteq Short-Term Income AMETF. Arysteq’s reputation for delivering above-average risk-adjusted returns through a team-based investment process underscores their expertise in the market.
With assets totaling approximately N$5 billion under management, Arysteq’s presence in the financial market is significant. The company’s innovative investment strategies have consistently yielded positive results, showcasing their dedication to providing value to investors.
Adèle Hattingh, the business development and exchange-traded products manager at the JSE, expressed enthusiasm about the listing of the Arysteq Short-Term Income AMETF. This addition reflects the growing interest in AMETFs and signifies the JSE’s commitment to offering accessible investment solutions that enable portfolio diversification for investors.
The initial listing of 100,000 participatory interests of the Arysteq Short-Term Income AMETF at an indicative price of 1,000 cents per security took place on April 23. This listing brings the total number of ETFs listed on the JSE to 120, with a combined market capitalization exceeding R206 billion, highlighting the exchange’s robust and diverse investment landscape.
As the financial markets continue to evolve globally, the introduction of new investment products like the Arysteq Short-Term Income AMETF reflects a broader trend towards increased accessibility and diversity in investment options. Investors can now leverage innovative solutions to tailor their portfolios to meet their financial goals and risk preferences effectively.
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