Other Administrative Neutral
ALLAN GRAY UNIT TRUST MANAGEMENT (RF) PROPRIETARY LIMITED - Listing of Additional AGOGE Securities
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What this filing means
An additional 96,895 units in the Allan Gray Orbis Global Equity Feeder Actively Managed ETF have been listed on the JSE at R11.75 per unit, taking total units in issue to 11,397,267. This is a routine follow-on unit creation for an ETF — no new economic information, no change in strategy, and no unanticipated terms.
Bear case
- This is a routine ETF unit issuance — the market expected new units to be created as part of normal fund operations.
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