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STXEMG

JSE
6,723 ZAc
82
1.20%
Last update Jun 13, 4:31 PM SAST
Market closed
Day range
6,695
6,789
Previous close
6,805
Open
6,780
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Satrix MSCI Emerging Markets Fund
6,723.00
82
1.20%

Overview

Description

The Satrix MSCI Emerging Markets Fund is an exchange-traded fund (ETF) that aims to provide investors with exposure to a broad selection of equities from emerging market countries. Its primary function is to mimic the performance of the MSCI Emerging Markets Index, which is widely recognized for its inclusion of stocks from diverse economies such as China, India, Brazil, and South Africa. This ETF offers a convenient vehicle for investors seeking to diversify their portfolios by investing in regions with potentially higher growth rates compared to developed markets. Notable features of the Satrix MSCI Emerging Markets Fund include its wide-ranging sector coverage which spans industries such as technology, financials, and consumer goods, reflecting the dynamic economic shifts in these regions. The fund’s structure allows for greater accessibility for investors, trading on stock exchanges like individual stocks, with the added benefit of cost-effectiveness typically associated with ETFs. In the financial market, the Satrix MSCI Emerging Markets Fund plays a significant role by facilitating access to emerging markets, which can serve as a buffer against the volatility often seen in matured economies, thereby contributing to a more balanced investment strategy.

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 1 day 10 hours 41 minutes

22:18
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).