The Nairobi bourse is set to welcome its second Exchange Traded Fund (ETF) next week with the dual-listing of South Africa’s Satrix MSCI World ETF.
The Sanlam-owned ETF, which is primarily listed on the Johannesburg Stock Exchange (JSE), will have an initial allocation of six million units available to local institutional and retail investors, although the company will not exhaust the allocation in one go.
