INVESTMENTS

One of the biggest investment megatrends currently at play globally, is the emergence of smart cities, due to rapid urbanisation around the world. Exchange traded fund (ETF) pioneer Satrix is offering investors access to this rapidly growing investment opportunity through its new Satrix Smart City Infrastructure Feeder ETF. The fund will track the performance of companies that help to turn cities into smart cities, as an alternative to traditional infrastructure investments, through the STOXX Global Smart City Infrastructure Index, which invests in a minimum 80 component holdings. The fund’s IPO goes live on June 28, with listing planned for July 26.