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 981,687 units in the 91DINC actively managed ETF at R10.30 per unit, bringing total units in issue to 46,835,443. This is a routine ETF unit-creation notice — new shares created to meet market demand — and carries no new investment signal for the fund or its holders.
Bear case
- The filing is a mechanical unit-creation notice with no investment signal — it does not disclose fund performance, portfolio composition, NAV, or any change in strategy.
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