Multi-Sector ETF

LAST UPDATE
April 21, 2024 1:05 am
Name of counter
Morgan & Co. Multi-Sector ETF
Short Code
MCMS.zw
ISIN Number
ZW 000 902 002 6
NAV/unit
ZWL$882.72
ETF Prospectus

The Morgan & Co Multi-Sector ETF is Zimbabwe’s first actively managed exchanged traded fund. ETFs are financial instruments that pool stocks with common characteristics and trade on a public exchange. ETFs can be found along the spectrum of active and passive investing styles. The Morgan & Co Multi-Sector ETF is an actively managed ETF with the goal of beating the ZSE All Share while boasting a low-cost structure. The ETF aims to earn alpha for investors by taking long positions in fundamentally undervalued sectors. The ETF is benchmarked against the ZSE All Share Index and is readily available on C-Trade and ZSE.