PRESCIENT MANAGEMENT COMPANY (RF) PROPRIETARY LIMITED - Listing of Additional 91DINC Securities
What this filing means
The JSE has approved the listing of an additional 242,243 Ninety One Diversified Income Prescient Feeder Actively Managed ETF securities, effective today, at an issue price of approximately R10.20 per security. That takes the fund to 62,256,626 securities in issue. It is a mechanical unit creation: the notice changes the security count and nothing about the fund's portfolio, income or strategy, and it gives no reason for the creation.
This notice simply records that more units of this ETF now exist and are listed on the JSE. It does not tell you anything about how the fund is performing or what it holds, and it does not say why the units were created. For a normal investor, nothing here changes the case for owning or not owning the fund.
Bear case
- The filing does not state why the units were created; no cause is disclosed.
AI-generated summary by SENS-AI, based on the original JSE SENS filing.
SENS-AI conclusion
No economic signal. The notice records a mechanical addition of 242,243 securities at roughly R10.20 each, lifting the total in issue to 62,256,626, and it says nothing about the fund's portfolio, income or the reason for the creation. Treat it as administrative housekeeping rather than information that changes a view on the fund. So what: nothing changes here; the fund's own periodic portfolio and distribution disclosures are where its economics actually show up.
The fund's next portfolio and distribution disclosures are where its actual economics will be visible; this notice settles only the security count.
Evidence from the filing
The mechanical unit addition and issue price.
“The JSE has approved the listing of additional 242,243 91DINC securities with effect from today, at an issue price of approximately R10.20 per security”
The resulting total securities in issue.
“Following the listing of the 242,243 securities, there will be 62,256,626 91DINC securities in issue.”
Related filings
Other ETF Unit Creation
- PRESCIENT MANAGEMENT COMPANY (RF) PROPRIETARY LIMITED - Listing of Additional PMXINC Securities
- ALLAN GRAY UNIT TRUST MANAGEMENT (RF) PROPRIETARY LIMITED - Listing of Additional AGOGB Securities
- SATRIX COLLECTIVE INVESTMENT SCHEME - Listing Of Additional Satrix Msci World Feeder
- SATRIX MANAGERS (RF) PROPRIETARY LIMITED - Listing Of Additional Satrix Property
- 1NVEST ETFs LIMITED - Listing of Additional ETFSAP Securities