Sygnia breaks new ground with the launch of their first actively managed ETF: the Sygnia Itrix FANG.AI Actively Managed ETF
Magda Wierzycka, CEO at Sygnia Limited
Iva Madjarova,Head of Institutional Businesss at Sygnia Limited
Kyle Hulett, Head of Investments at Sygnia Limited
In an industry milestone, Sygnia, the largest provider of international ETFs on the JSE, is proud to announce the launch of their first actively managed exchange-traded fund (AMETF), the Sygnia Itrix FANG.AI Actively Managed ETF.
Scheduled for release on 29 September 2023, this pioneering fund offers an exceptional investment opportunity for those interested in disruptive technologies.
A first-of-its-kind investment vehicle
Building on its reputation as an expert in ETFs that provide global exposure to innovative companies and themes, the Sygnia Itrix FANG.AI Actively Managed ETF uniquely positions investors to gain exposure to companies leading the revolution in technologies such as artificial intelligence, large language models, cloud storage, big data, social media and e-commerce tools.
“As our first actively managed ETF, we’re not just offering another investment option; we’re setting a new standard in financial innovation. This AMETF is a gateway to the world's technological frontiers," stated Magda Wierzycka, Sygnia’s CEO.
Strategic objectives and portfolio management
The fund targets long-term capital growth through diversified investment in a variety of financially sound equity securities and liquid assets.
Benchmark and the NYSE FANG+™ Index
While the fund is influenced by the NYSE® FANG+™ Index, it retains the latitude to diverge from this benchmark. The NYSE FANG+™ Index consists of ten highly traded growth stocks from the technology sector, including the core “FANG” stocks—Meta, Apple, Amazon, Netflix and Alphabet’s Google—supplemented by Alibaba, Baidu, NVIDIA and Tesla.
Dynamic and diversified
This unique AMETF leverages the benefits of diversification, actively changing its exposure to different securities and sectors to reflect current market conditions and investor needs.
Mark your calendars
Investors interested in diversifying their portfolios with transformative technologies should look forward to the official launch on 29 September 2023.
Quote Sheet Sygnia AI click here...
