Browsing: Morgan & Co

• Zimbabwe is anticipating the listing of some Real Estate Investment Trusts (REITs) this year.
• ZSE is expected to list the fifth ETF, Cass Saddle Agriculture ETF this week
• FINSEC introduced automated contract writing and derivatives trading, complete with direct integration of the trading, clearing, custody, and settlement facilities
• VFEX introduced broker-controlled accounts to ensure convenience in trading on the US dollar-denominated stocks trading platform
• VFEX is expected to launch its mobile securities trading platform, VFEX-Direct, at the end of this month in a move meant to simplify trading

This year is shaping up to be a defining year for Zimbabwe’s capital markets. Financial Securities Exchange (Private) Limited introduced derivatives and chatter over a new asset class has whet curious investors’ appetite.

Zimbabwe is anticipating the listing of some Real Estate Investment Trusts (REITs) sometime this year, and this could deepen the country’s capital markets.

The Zimbabwe Stock Exchange (ZSE) is …

• Stock broker Morgan and Co to launch Made in Zimbabwe  ETF on June 17, 2022
• Made in Zimbabwe ETF to be listed by way of introduction
• The ETF will initially contain Zimbabwean Manufacturers as constituents

Award-winning stock broker Morgan and Co to launch Morgan and Co Made in Zimbabwe Exchange Traded Fund (ETF) on June 17, 2022, on the Zimbabwe Stock Exchange (ZSE). The ETF is going to be launched on the local bourse by way of introduction. According to a presentation by the broker, the fund is set to be largely constituted by manufacturing companies listed on the ZSE, with exposure to other non-manufacturing counters. In addition, the fund will be an actively managed fund with the objective of providing superior returns.

An exchange-traded fund (ETF) is a basket of securities that can be bought or sold on a stock exchange the same way a regular stock can. According …