Thursday 19 May 2011

Nedbank BettaBeta ETF lists on Botswana Stock Exchange

The Botswana Gazette: "“While Nedbank Capital is justifiably proud of the role it has played in this process, the successful listing of the BettaBeta ETF can undoubtedly be attributed to the perseverance of the Botswana Stock Exchange itself,” Visser says, “because it was the BSE that first identified the need for an affordable and broadly inclusive investment vehicle that would enable more Botswanans (Batswana) to benefit from the country’s economic growth, and it has been their unfailing commitment that has ensured this vision has come to fruition, some four years on.” Visser explains that the Nedbank BettaBeta ETF has been designed to offer investors in the BSE affordable exposure to blue chip companies listed on the JSE/FTSE Top 40 – many of which also operate in Botswana."

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