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PRESCIENT MANAGEMENT COMPANY (RF) PROPRIETARY LIMITED - LISTING OF THE REITWAY GLOBAL PROPERTY DIVERSIFIED PRESCIENT ETF

Release Date: 29/05/2023 10:30
Code(s): PCRTF     PDF:  
Wrap Text
LISTING OF THE REITWAY GLOBAL PROPERTY DIVERSIFIED PRESCIENT ETF

Prescient Management Company (RF) (Pty) Ltd
(Registration number 2002/022560/07)
(“Prescient” or “the Manager”)
(Being the manager of the Prescient Collective Investment Scheme in ETF Securities)

REITWAY GLOBAL PROPERTY DIVERSIFIED PRESCIENT ETF (“RWDVF”)
(being a portfolio under the Prescient Collective Investment Scheme in ETF Securities (“RWDVF
ETF”) registered in the Republic of South Africa in terms of the Collective Investment Schemes
Control Act, 45 of 2002 (“CISCA”))
Share Code: RWDVF
Short Name: RWGDVPROP
ISIN: ZAE000322186

LISTING OF THE REITWAY GLOBAL PROPERTY DIVERSIFIED PRESCIENT ETF IN THE
EXCHANGE TRADED FUND SECTOR ON THE MAIN BOARD OF THE JSE LIMITED (“JSE”)

1. INTRODUCTION

This announcement is issued in compliance with paragraph 19.27 of the JSE Listings Requirements
for information purposes, following the JSE approving the listing of participatory interests in the
REITWAY GLOBAL PROPERTY DIVERSIFIED PRESCIENT ETF.
The information set out below has been extracted from the Prescient ETF Programme Memorandum
issued by the Manager on 29 May 2023 (“the Programme Memorandum”) and the REITWAY
GLOBAL PROPERTY DIVERSIFIED PRESCIENT ETF supplement issued on 29 May 2023 (“the
Supplement”) and relates to the listing of participatory interests in the “Exchange Traded Funds”
sector on the JSE.

2. STRUCTURE

The RWDVF ETF is managed by Prescient, an approved manager of Collective Investment Schemes
and as such is governed in terms of CISCA. The Manager has entered into an agreement with the
Asset Manager, Reitway Global (Pty) Ltd, in terms of which the Asset Manager will monitor changes
to the index constituents and execute transactions to reflect these changes on behalf of the Manager.
Standard Bank of South Africa Limited will act as the independent Trustee and will fulfil its duties as
specified in CISCA and the Regulations thereto.

3. SUMMARY OF THE LISTING

3.1. Issuer: Prescient Management Company (RF) (Pty) Ltd

3.2. ISIN: ZAE000322186

3.3. Share code: RWDVF

3.4. Long name: Reitway DV Property ETF

3.5. Short name: RWGDVPROP

3.6, Issue size: 600 000 RWDVF participatory interest

3.7. Issue price: Approximately (cents) ZAR 1000 cents

3.7. Index and Investment Policy:

Reitway Global Property Diversified Index or, upon the Index being discontinued, any substitute index
chosen by the Manager for the purpose of delivering the Portfolio Objectives as calculated by Global
Property Research B.V in collaboration with Reitway Global (Pty) Ltd.
The investment policy of the portfolio shall be to track as closely as possible the Index with the
intention of allowing an investor to obtain market exposure to the constituent securities which are held
in the portfolio.

4. SALIENT DATES AND TIMES

 Publication of the listing announcement on SENS and distribution of Supplement            29 May, 2023

 Listing Date at 09:00 on                                                                  5 June, 2023


5. DOCUMENTATION

Copies of the Programme Memorandum and the Supplement can be obtained on the Prescient
website at https://www.prescient.co.za/funds, from Monday, 29 May 2023.

The distribution of the Supplement and the offer or sale of participatory interests may be restricted by
law in certain jurisdictions. Persons in whose possession the Supplement or any other participatory
interests come must inform themselves about, and observe, any such restrictions.

Johannesburg

29 May 2023

Listing Advisor

Prescient Structured Product Advisory (Pty) Ltd

Date: 29-05-2023 10:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

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