Sygnia Lists Emerging Markets ETF on the JSE

Johannesburg, 14 May 2021: The Johannesburg Stock Exchange (JSE) is pleased to announce the listing of the Sygnia Itrix MSCI Emerging Markets 50 ETF today by the Sygnia Group. The ETF adds to the suite of diverse ETF offerings, enabling investors to generate returns from tracking the performance of the MSCI Emerging Markets 50 Index.

The Sygnia Itrix MSCI Emerging Markets 50 ETF, which already has R120 million in funds under management, will be managed by Sygnia Asset Management and will invest in sectors such as IT, consumer goods, communications services, financials, energy, and healthcare of emerging markets. The ETF will have a portfolio of securities that resembles the basket of securities that make up the MSCI Emerging Markets 50 Index.

Sygnia’s Head of Investing Consulting, Iva Madjarova, says: “The Sygnia Itrix Emerging Markets 50 ETF offers investors the opportunity to invest in markets that are fast becoming dominant in the global economy and have rapid growth potential. And they can do it all cost-effectively.”

Valdene Reddy, Director of Capital Markets at the JSE, says she is pleased to welcome Sygnia’s new Sygnia Itrix MSCI Emerging Markets 50 ETF, adding to the JSE’s ETF investment options for investors. This expands the offering to 81 ETFs listed at the JSE, with a market capitalisation of more than R109.5 billion.

“The ETF market has gained in popularity over the years and has become an integral part of many investors’ portfolios. They also offer attractive and diverse opportunities for both existing and first-time investors,” Reddy explains.

Exchange Traded Funds or ETFs are listed investment products that track the performance of a group or “basket” of Shares, Bonds or single commodity. These “baskets” are known as indices. An ETF can be bought or sold in the same way as an Ordinary Share. Investors save time and money as ETFs enable an investor to invest in a variety of asset classes through a single listed investment product.


The Johannesburg Stock Exchange (JSE) has a well-established history operating as a market place for trading financial products. It is a pioneering, globally connected exchange group that enables inclusive economic growth through trusted, world class, socially responsible products, and services for the investor of the future.

It offers secure and efficient primary and secondary capital markets across a diverse range of securities, spanning equities, derivatives, and debt markets. It prides itself as being the market of choice for local and international investors looking to gain exposure to leading capital markets on the African continent.

The JSE is currently ranked in the Top 20 largest stock exchanges in the world by market capitalisation, and is the largest stock exchange in Africa, having been in operation for 130 years.

As a leading global exchange, the JSE co-creates, unlocks value & makes real connections happen. 

JSE media contacts:

Paballo Makhetha

Communication Specialist

Tel: 011 520 7331

Mobile: 072 419 4610


Published on May 14, 2021

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