Browsing: Old Mutual ETF

New to the ZSE? Why you should be looking at the Old Mutual top ten ETF.

In Zimbabwe, investing in Exchange Traded Funds (ETFs) is witnessing traction, and various ETFs of different types are emerging. It is easy to invest in an ETF but before investing, ensure that you choose the one that suits your financial plan the most.

Investing in ETFs or exchange-traded funds is equivalent to investing in all constituents that are part of an index directly.

According to Forbes, the yields or returns generated by ETFs replicate the benchmark index. It gives investors an opportunity to benefit from diversity, flexibility and scope for growth that comes from ETFs being traded on stock exchanges.

  • An exchange-traded fund (ETF) is a marketable security that tracks an index, sector, commodity, or another asset which can be purchased or sold on a stock exchange the same way a regular stock can.
  • Zimbabwe became the fifth country in Africa to list an ETF, with South Africa, Nigeria, Kenya,
  • Stock broker Morgan and Co to launch Made in Zimbabwe  ETF on June 17, 2022
  • Made in Zimbabwe ETF to be listed by way of introduction
  • The ETF will initially contain Zimbabwean Manufacturers as constituents

Award-winning stock broker Morgan and Co to launch Morgan and Co Made in Zimbabwe Exchange Traded Fund (ETF) on June 17, 2022, on the Zimbabwe Stock Exchange (ZSE). The ETF is going to be launched on the local bourse by way of introduction. According to a presentation by the broker, the fund is set to be largely constituted by manufacturing companies listed on the ZSE, with exposure to other non-manufacturing counters. In addition, the fund will be an actively managed fund with the objective of providing superior returns.

An exchange-traded fund (ETF) is a basket of securities that can be bought or sold on a stock exchange the same way a regular stock can. According …