Prescient Management Company Lists Additional Securities for PortfolioMetrix Active Income Prescient Actively Managed ETF

Strategic Insights -

The Johannesburg Stock Exchange has welcomed the listing of additional securities for the Prescient Management Company's PortfolioMetrix Active Income Prescient Actively Managed ETF, a move that will increase the fund's liquidity and provide more investment opportunities. The listing, which took effect on 24 Jun 2025, adds 584,784 securities to the existing portfolio, priced at approximately R10.90 each. This development marks a significant milestone for the ETF, which operates under the Prescient ETF Scheme, registered in South Africa in accordance with the Collective Investment Schemes Control Act, 45 of 2002.

Key Takeaways:

  • The PortfolioMetrix Active Income Prescient Actively Managed ETF listed 584,784 additional securities on the Johannesburg Stock Exchange, priced at approximately R10.90 each.
  • The total number of PMXINC securities in circulation has increased to 73,689,773 following the listing.
  • The listing represents a minor move in the volume of securities issued, reflecting incremental growth of the fund's assets under management.
  • The approval of this listing demonstrates investor confidence in Prescient Management Company's management capabilities and ongoing interest in its actively managed ETF offerings.
  • The increased liquidity is expected to provide more opportunities for investors to engage with PMXINC.
  • The Prescient ETF Scheme operates under the Collective Investment Schemes Control Act, 45 of 2002.
  • The International Securities Identification Number (ISIN) for the ETF is ZAE000330551.
  • The short name for trading purposes is PMINAMETF.

Statistics:

  • 584,784 new securities were listed on the Johannesburg Stock Exchange as part of the PortfolioMetrix Active Income Prescient Actively Managed ETF listing.
  • The total number of PMXINC securities in circulation is 73,689,773.
  • The price at which the additional securities were listed is approximately R10.90.
  • The Prescient ETF Scheme has been registered in South Africa in accordance with the Collective Investment Schemes Control Act, 45 of 2002.

Sources:

  • Johannesburg Stock Exchange (24 Jun 2025)
  • Prescient Management Company Press Release (24 Jun 2025)
  • Collective Investment Schemes Control Act, 45 of 2002 (Government of South Africa)