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STXNDQ

JSE
22,336 ZAc
33
0.15%
Last update Jun 13, 4:25 PM SAST
Market closed
Day range
22,157
22,593
Previous close
22,369
Open
22,593
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Satrix Nasdaq 100 Feeder Portfolio
22,336.00
33
0.15%

Overview

Description

The Satrix Nasdaq 100 Feeder Portfolio is an exchange-traded fund designed to give investors exposure to the performance of the Nasdaq-100 Index, which consists of 100 of the largest non-financial companies listed on the NASDAQ stock exchange. This ETF predominantly targets the technology sector, housing giants like Apple, Microsoft, and Amazon, which drive the innovation wave in the U.S. and globally. The primary purpose of this fund is to provide investors with a diversified avenue to track the successes and movements of leading technology and consumer service firms, reflecting the growth and trends within these industries. The Satrix Nasdaq 100 Feeder Portfolio is instrumental in offering direct access to the robust and dynamic U.S. technology market, making it a pivotal aspect of international investment portfolios seeking technology focus without the administrative intricacies of global equities. By leveraging the established and liquid markets of the NASDAQ, this ETF ensures relative safety and accessibility to investors desiring a comprehensive slice of technological advancement and innovation.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
South Africa
MIC code
XJSE
Market closed

Exchange is currently closed (non-working day)
Main market opens in 17 hours 6 minutes

15:53
00:00
23:59

Trading Hours (Monday - Friday):

Main market
09:00 - 17:00
All times are displayed in the Africa/Johannesburg timezone (SAST, UTC+02:00).