NSE Promotes ETFs As A Sound And Viable Investment Option

ETFs
595 VIEWS
Proshare - Facebook Proshare - Twitter Proshare - Instagram Proshare - Linked In Proshare - WhatsApp
Proshare

Wednesday, June 26, 2019   /10:30AM / By NSE / Header Image Credit:  Money Crasher

 

The Nigerian Stock Exchange (NSE), the leading market for Exchange Traded Funds (ETFs) in the West African region, has commenced a three-day enlightenment campaign to increase investors’ awareness and participation in the ETFs market.  The campaign which runs from June 26 to 28, 2019, will see the Exchange engage investors through social media, radio, email and in-house workshop, on the benefits of ETFs as transparent and low cost investment option.

Speaking on the campaign, Mr. Jude Chiemeka, Divisional Head, Trading Business Division, NSE, said that “this initiative is in line with the NSE’s strategic objective of providing new and accessible opportunities for citizens to create durable wealth. The Exchange continues to showcase the benefits of ETFs as a sound and viable investment option to tap into the capital markets. I am pleased with efforts made by ETF providers and advisers to create and introduce more ETFs that align with the needs of institutional and retail investors thereby deepening the ETF market segment.”

ETFs are professionally managed vehicles designed to give investors broad exposure to the market by tracking an index (market cap allocations) or specialized themes that consider factors such as value and growth investing (smart beta strategy). The ever-growing investment vehicle gives institutional and individual investors access to a wide range of asset classes such as stocks, bonds, commodities, real estate and investment themes, i.e. Shariah investing, sector bias, dividend yield and more.

ETFs can be purchased on the NSE just like Stocks and Bonds through Dealing Member Firms as well as online trading platforms. Investors are advised to take advantage of the discounted trading fee regime offered by the ETF Market Authorized Dealers – Stanbic IBTC Securities Limited and Vetiva Securities Limited which is open till the end of June 2019.

The Nigerian Stock Exchange (“NSE”) offers a fully electronic trading platform that delivers the benefits of transparency, tremendous speed and efficiency. In December 2011, the first ETF (tracking the price of Gold) was listed on the Nigerian Stock Exchange’s ETF Board, since then a number of equity and Fixed income ETFs have been introduced to the Nigerian bourse.

 

Proshare Nigeria Pvt. Ltd.


Related News

  1. NSE CEO’s Welcome Address at 2018 Exchange Traded Products Conference
  2. NSE ETF Market Capitalisation Declined by 2.57% to N7.43bn in May 2018
  3. Assets Invested In ETFs and ETPs Listed In Middle East and Africa Fell By $343m In April 2018
  4. CBOE Recommends That The SEC Allows Bitcoin Exchange-Traded-Funds
  5. Global ETFs in 2017
  6. ETF Market Capitalization Grew by 0.91% in October 2017
  7. Month of August Recorded Inflow into the ETFs Market
  8. Taiwan Stock Exchange and Nasdaq Sign Memorandum Of Understanding
  9. Christmas Comes Early for Nigerian ETF Investors
  10. Dubai Financial Market Launches First-Of-Its Kind Regional ETF Trading Platform
  11. NSE Admits SIAML Pension ETF 40 to its Daily Official List
  12. AfDB appoints MCB Investment Mangt as Fund Manager for its 1st Fixed Income ETF in Africa
  13. ETFs remain KING as investors’ confidence frail towards stocks
  14. Quarter of Institutional Investors to Capture Emerging Market Rebound through Index Tracking Strateg
  15. Deepening the Nigerian Capital Market - A Case for Exchange Traded Funds
  16. Dubai Financial Market Welcomes the Listing of Afkar Capital’s ETF

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.
READ MORE:
Related News
SCROLL TO TOP