Sygnia founder Magda Wierzycka. Picture: GALLO IMAGES/RAPPORT/EON RAATH
Sygnia founder Magda Wierzycka. Picture: GALLO IMAGES/RAPPORT/EON RAATH

Sygnia, the asset manager founded by Magda Wierzycka, plans to list 10 exchange-traded funds (ETFs) on alternative exchange A2X Markets in April as part of a secondary listings drive for the passive investment solutions.

The ETFs that will be listed on A2X include the Sygnia Itrix 4th Industrial Revolution Global Equity ETF; the Sygnia Itrix S&P 500 ETF; the Sygnia Itrix DJ Euro Stoxx 50 ETF; the Sygnia Itrix MSCI Japan Index ETF; the Sygnia Itrix Global Property ETF; the Sygnia Itrix SWIX 40 ETF; the Sygnia Itrix Top 40 ETF; the Sygnia Itrix FTSE 100 ETF; the Sygnia Itrix MSCI USA Index ETF; and the Sygnia Itrix MSCI World Index ETF.

All of these passive investment solutions will retain their primary listings on the JSE but will be available for trade on A2X from April 14, according to an e-mailed statement from the exchange on Tuesday.

The listing of Sygnia’s ETFs on A2X brings the number of securities available for trade on the alternative exchange to 50, giving them a combined market capitalisation of more than R5.2-trillion. A2X was authorised to secondary list ETFs and exchange-traded notes (ETNs) in 2019 and will now have 13 ETFs and two ETNs listed following the Sygnia ETF listings.

“We are delighted to welcome Sygnia’s full suite of market-leading ETFs onto our platform,” said Kevin Brady, CEO of A2X. “ETFs are traditionally very cost-sensitive, and we look forward to helping Sygnia enable their investors to extract additional benefits when they transact.”

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