Asia to dominate global economy with 4 out of 5 largest economies by 2024. Sygnia Itrix MSCI Emerging Markets 50 ETF is perefect for South African investors seeking growth.
Meet the Sygnia Itrix MSCI Emerging Markets 50 Exchange Traded Fund! This ETF is a high-risk, passively managed index-tracking fund registered as a collective investments scheme and listed on the Johannesburg Stock Exchange.
The objective of this ETF is to provide an investment vehicle that gives easy access to investors who want to achieve long term capital appreciation in tracking the performance of the MSCI Emerging Markets 50 (.MXEM50) (“benchmark index”). In order to achieve this objective, the Sygnia Itrix MSCI Emerging Markets 50 ETF shall track the MSCI Emerging Markets 50 ETF (.MXEM50) Index as closely and feasibly as possible by buying securities that substantially make up the index at similar weighting as they are included in the Index. Whenever the Index gets rebalanced, the Portfolio will be rebalanced to align its holdings to that of the benchmark and to the extent that it’s performance will not deviate from its benchmark.