Investors on the Nairobi Securities Exchange (NSE) will now have the opportunity to access global equities following the listing of the Satrix MSCI World Feeder Exchange-Traded Fund (ETF).
The ETF, managed by South African index-tracking firm Satrix, has been listed on the NSE at a price of KSh 761 per unit. This marks its secondary listing, with the primary listing taking place on the Johannesburg Stock Exchange (JSE), where it has traded since 2017.
The Satrix MSCI World Feeder ETF is designed to track the performance of the MSCI World Index, which comprises large and mid-cap stocks from developed markets. The ETF achieves this by investing in the iShares Core MSCI World UCITS ETF, which mirrors the MSCI World Index in terms of capital and income returns.
Denominated in Kenyan Shillings, the ETF provides local investors with an option to diversify their portfolios beyond domestic assets. It is registered as a Collective Investment Scheme and operates under the regulatory frameworks of both the South African and Kenyan markets.
According to the Nairobi Securities Exchange, the listing forms part of its broader strategy to deepen market offerings and expand investor access to global instruments. It also aligns with ongoing efforts to attract international products to the Kenyan capital markets.
NSE CEO Frank Mwiti said the new listing is expected to contribute to the diversification of investment options and increase the exchange’s integration with global financial markets.
Duma Mxenge, Head of Business and Market Development at Satrix, noted that the move supports regional capital market development and expands investor choice in Kenya.
Fikile Mbhokota, Satrix CEO, described the listing as part of a broader strategy to extend product reach within African markets.
Absa Bank Kenya acted as the transaction advisor for the listing process, providing structuring and regulatory coordination.
