Satrix has listed its MSCI World Feeder ETF on the Nairobi Securities Alternate at $5.89 (KES 761) per unit, enabling Kenyan traders to entry world fairness markets.
The ETF, monitoring the MSCI World Index, goals to diversify portfolios and improve the NSE’s world visibility.
This transfer, supported by Absa Financial institution Kenya, marks a major step in internationalizing Kenya’s capital markets.
Satrix, an enormous in South Africa’s index-tracking funding sector, has introduced the secondary itemizing of its MSCI World Feeder ETF on the Nairobi Securities Alternate (NSE) at $5.89 (KES761) per unit. This growth, unveiled on July 16, 2025, opens a brand new chapter for Kenyan traders, granting them unprecedented entry to world fairness markets.
The itemizing extends Satrix’s attain into African markets, providing a diversified funding car that tracks the MSCI World Index, a benchmark of enormous and mid-cap shares throughout developed nations.
The Satrix MSCI World Fairness Feeder ETF, already a staple on the Johannesburg Inventory Alternate (JSE) since 2017, is a Collective Funding Scheme designed to reflect the MSCI World Index’s efficiency in South African Rand (ZAR). By investing within the iShares Core MSCI World UCITS ETF, it delivers a complete return that encapsulates each capital and revenue features, aligning carefully with the index’s actions. For Kenyan traders, this ETF shall be denominated in Kenyan Shillings (KES), making it a seamless addition to native portfolios.
Satrix increasing horizons for Kenyan traders
Satrix’s portfolio boasts 38 ETFs on the JSE, managing belongings price over R77 billion (roughly KES561 billion). This secondary itemizing on the NSE is a strategic step to democratize entry to world equities, enabling Kenyan traders to diversify past native choices. The MSCI World Index, which the ETF tracks, contains shares from developed markets assembly stringent dimension, liquidity, and free-float standards, providing publicity to a broad spectrum of world industries.
Frank Mwiti, Chief Government Officer of the NSE, hailed the itemizing as a transformative milestone. “The secondary itemizing of the Satrix MSCI World Fairness Feeder ETF on the NSE underscores the rising attractiveness of our Alternate to each traders and issuers,” Mwiti mentioned. “This itemizing presents our traders a brand new avenue to deploy capital right into a globally acknowledged product. It additionally aligns with our technique to listing 50 various funds and indices, enhancing market depth, liquidity, and increasing funding alternatives for native traders.”
A Strategic Leap for NSE’s World Ambitions
The itemizing is greater than a monetary product launch; it’s a pivotal step within the NSE’s internationalization. Mwiti highlighted that this transfer positions the Alternate as a globally related hub, enhancing its visibility and enchantment. By integrating a product tied to the MSCI World Index, the NSE is poised to draw each native and regional traders looking for diversified, high-quality funding choices.
Duma Mxenge, Satrix’s Head of Enterprise and Market Improvement, echoed this sentiment. “We’re excited to develop Satrix’s choices into Kenya, as we consider this can considerably contribute to the event of native capital markets,” Mxenge said. “By offering Kenyan traders with entry to a broader vary of funding choices, we assist diversify their portfolios.” He additional famous that the ETF’s itemizing would play a “pivotal position in globalising the NSE, growing its visibility and publicity to worldwide markets.”
A Collaborative Triumph
The transaction, which was suggested by Absa Financial institution Kenya, underscores the ability of cross-border experience. Abdi Mohamed, Managing Director and CEO of Absa Financial institution Kenya, highlighted the deal’s complexity. “We’re proud to have acted because the transaction advisor on this landmark deal,” Mohamed mentioned. “This transaction required deep cross-border experience, seamless structuring, and cautious navigation of regulatory necessities throughout jurisdictions.” The collaboration between Absa’s Company & Funding Banking and World Markets groups, alongside the NSE and Satrix, exemplifies client-centric execution.
Fikile Mbhokota, Satrix’s CEO, underscored the itemizing as a part of a broader African growth technique. “Our continued growth into Africa is a key part of our strategic plan,” Mbhokota remarked. “We’re thrilled about our product’s entry into Kenya and look ahead to collaborating with market members as we proceed to boost our African choices.” As Kenyan traders embrace this chance, the Satrix MSCI World Feeder ETF guarantees to reshape the funding panorama, bridging Nairobi to the worldwide stage.
Learn additionally: Tense Kenya-Tanzania relations depart small cross-border merchants reeling
