SATRIX COLLECTIVE INVESTMENT SCHEME - Listing Of Additional Satrix Msci World Feeder
What this filing means
Satrix MSCI World Feeder has issued and listed 200,000 new securities with effect from the start of business today, at an issue price of approximately R119.48 per security. After the listing, 214,827,036 Satrix WDM securities are in issue. The notice records a mechanical change in the number of units in circulation and states no reason for the creation.
The fund has added 200,000 new units to the ones already in circulation, priced at roughly R119.48 each. That changes how many units exist; the notice does not disclose any valuation effect or change in how the fund is run. It also does not say why the units were created, so there is nothing here to read as good or bad news.
Bear case
- The notice states no reason for the creation of the 200,000 securities, so the cause is undisclosed.
AI-generated summary by SENS-AI, based on the original JSE SENS filing.
SENS-AI conclusion
A unit-creation notice, not an economic event. It tells you the fund issued and listed 200,000 securities at about R119.48 each and now has 214,827,036 in issue; it says nothing about the fund's holdings, performance or the reason for the creation. Nothing here changes a view on the fund either way. So what: the unit count moved, and any future portfolio disclosure or fact sheet would be needed to assess the fund's actual position.
This notice settles only the issuance and listing details: 200,000 securities at about R119.48 each, with 214,827,036 in issue. It carries no portfolio or tracking information.
Evidence from the filing
The notice records the issue and listing of 200,000 securities at an issue price of approximately R119.48 each.
“Satrix WDM has issued and listed 200,000 securities with effect from the commencement of business today, at an issue price of approximately R 119.48 per security.”
The resulting number of securities in issue is 214,827,036.
“200,000 securities, there will be 214,827,036 Satrix WDM securities in issue.”
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