Other Administrative Neutral
PRESCIENT MANAGEMENT COMPANY (RF) PROPRIETARY LIMITED - Listing of Additional 91DINC Securities
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What this filing means
The JSE has approved the listing of an additional 354,521 units in the 91D Diversified Income Prescient Feeder ETF at roughly R10.44 each. This is a routine ETF creation notice — new units are listed when authorized participants hand over the underlying basket — and carries no independent investment signal about the fund's performance, yield, or net asset value.
Bear case
- New ETF unit creation is mechanical, not an investment signal — it reflects demand for existing units, not a view on performance.
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