Other Administrative Neutral
PRESCIENT MANAGEMENT COMPANY (RF) PROPRIETARY LIMITED - Listing of Additional PMXINC Securities
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What this filing means
The JSE has recorded an additional 422,193 units in the Prescient PortfolioMetrix Active Income ETF (PMXINC) at approximately R11.96 per unit — a routine unit-creation event that carries no new investment signal. The total units in issue after the listing is 113,324,557.
Bear case
- The filing provides no new economic information — it records a routine ETF unit creation, which is a mechanical step in normal fund operations.
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