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 707,982 units in the 91DINC actively managed ETF at approximately R10.24 each — a mechanical securities-creation event. There is no information in this filing about the ETF's performance, income, or the reason for the issuance, and it does not carry a directional investment signal.
Bear case
- No information on the reason for the issuance — whether it reflects investor demand or a mechanical creation to meet ETF benchmarks is not disclosed.
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