The Japan and Europe-focused feeder exchange-traded funds (ETFs) join the main board as demand for global exposure among local investors grows.

The Johannesburg Stock Exchange (JSE) has listed the Satrix MSCI Japan Feeder ETF (STXJPN) and the Satrix Stoxx Europe 600 Feeder ETF (STXEUR) on the main board. The listings follow the growing demand for global exposure among local investors STXJPN tracks the MSCI Japan Index, which represents approximately 85% of the free-float market capitalisation of Japanese equities. It captures the country’s precision engineering, advanced manufacturing and technology-enabled industrial strength