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10X Fund Managers Lists 500,000 Securities on Johannesburg Stock Exchange

Strategic Insights

— 1 min read

The Johannesburg Stock Exchange (JSE) has welcomed a new listing from 10X Fund Managers (RF) Proprietary Limited, a significant move that expands the market presence of the company's 10X Wealth Top 20 Capped ETF. The listing of 500,000 securities, priced at R12.66 each, will bring the total number of ETF securities in circulation to 60,001,000. This development marks a strategic milestone for 10X Fund Managers, solidifying its position within the competitive market segment.

Key Takeaways:

  • 10X Fund Managers (RF) Proprietary Limited listed 500,000 of its 10X Wealth Top 20 Capped ETF securities on the Johannesburg Stock Exchange (JSE) on August 5, 2025, with an issue price of R12.66 per security.
  • The listing represents a significant increase in the total number of ETF securities in circulation, from 55,001,000 to 60,001,000.
  • The 10X Wealth Top 20 Capped ETF aims to offer investors a diversified portfolio of top-performing capped equities, providing exposure to a broad range of performing capped companies.
  • The listing positions 10X Fund Managers in a competitive market segment, offering investors another avenue for portfolio diversification.
  • Market analysts expect substantial investor interest in the 10X Wealth Top 20 Capped ETF due to its strategic focus and market positioning.
  • The introduction of these additional securities is anticipated to bolster market activity and enhance liquidity.

Statistics:

  • 500,000 securities listed: 10X Fund Managers (RF) Proprietary Limited listed 500,000 of its 10X Wealth Top 20 Capped ETF securities on the Johannesburg Stock Exchange (JSE).
  • Issue price: R12.66, the issue price per security.
  • Total number of ETF securities in circulation: 60,001,000, representing a 9.09% increase from the previous 55,001,000.
  • Diversified portfolio: The 10X Wealth Top 20 Capped ETF aims to provide investors with exposure to a diversified portfolio of top-performing capped equities.
  • Market category: The designated market category for this listing falls under the broader umbrella of exchange-traded funds.

Sources:

  • Johannes/churg Stock Exchange (JSE). ["10X Fund Managers Lists 500,000 Securities on Johannesburg Stock Exchange".](https://www.jse.co.za/nr/contentDetail.aspx?cid=751840387679ed793c4c2999a9bb489c&langid=100)

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