SYGESG - Sygnia Itrix S&P Global 1200 ESG ETF

May 27, 2022 at 18:44 Twitter · Facebook

SYGESG share price on Johannesburg Stock Exchange

The Sygnia Itrix S&P Global 1200 ESG ETF is a high-risk, passively managed index-tracking fund registered as a collective investments scheme and listed on the Johannesburg Stock Exchange as an exchange traded fund. The objective of the Sygnia Itrix S&P Global 1200 ESG ETF is to provide an investment vehicle to investors who want to achieve long term capital appreciation in tracking the performance of the S&P Global 1200 ESG. The ETF also aims to replicate the price and yield performance of the index as closely as possible by holding a portfolio of securities equivalent to the basket of securities that comprise the index, and in similar weightings to the index.

The S&P Global 1200 ESG Index is a broad-based, market-cap-weighted index that is designed to measure the performance of securities meeting sustainability criteria, while maintaining similar overall industry group weights as the S&P Global 1200 Index. The ESG Index was constructed to provide a risk and return profile similar to that of the Global 1200 Index, while improving the ESG characteristics. The index targets 75% of the float market capitalization of each industry group within the Global 1200 Index, using the S&P DJI ESG Scores for selection. The ESG Scores employ data gathered through Sygnia Asset Management’s Corporate Sustainability Assessment, which Sygnia has developed and administered over 20 years.

Sygnia Itrix S&P Global 1200 ESG ETF is listed on the Johannesburg Stock Exchange (JSE) since April 12th, 2021. Sygnia Itrix S&P Global 1200 ESG ETF is traded on the JSE under the ticker symbol “SYGESG”. The International Securities Identification Number (ISIN) of JSE:SYGESG is ZAE000296778. Sygnia Itrix S&P Global 1200 ESG ETF is currently the 280th most valuable stock on the JSE with a market capitalization of ZAR 773 million, which makes about 0.0039% of the Johannesburg Stock Exchange equity market.

SYGESG Stock Market Performance

The current share price of Sygnia Itrix S&P Global 1200 ESG ETF (SYGESG) is ZAR 36.19. SYGESG closed its last trading day (Friday, May 27, 2022) at 36.19 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.3% gain over its previous closing price of 36.08 ZAR. Sygnia Itrix S&P Global 1200 ESG ETF began the year with a share price of 42.84 ZAR but has since lost 15.5% off that price valuation, ranking it 317th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that SYGESG has lost 5% of the stock’s value from April 28th to date.

Sygnia Itrix S&P Global 1200 ESG ETF is the 232nd most traded stock on the Johannesburg Stock Exchange over the past three months (Feb 23 - May 27, 2022). SYGESG has traded a total volume of 4.06 million shares—in 456 deals—valued at ZAR 150 million over the period, with an average of 64,482 traded shares per session. A volume high of 1.29 million was achieved on April 11th, and a low of 965 on April 12th, for the same period. The table below details the last 10 trading days of activity of Sygnia Itrix S&P Global 1200 ESG ETF on the Johannesburg Stock Exchange.

Profile of Sygnia Itrix (RF) Pty Limited

Sygnia Itrix (RF) Pty Limited operates in the Financials sector, specifically, the Investment Services industry.

SYGESG Industrial Market Competitors

Sygnia Itrix (RF) Pty Limited, issuers of the SYGESG, Sygnia Itrix New China Sectors ETF (-1.14%), Sygnia Itrix SWIX 40 ETF (-1.94%), Sygnia Itrix Top 40 ETF (-4.94%), Sygnia Itrix FTSE 100 ETF (-5.76%), Sygnia Itrix SOL H150 ETF (-10.08%), Sygnia Itrix MSCI World Index ETF (-14.92%), Sygnia Itrix S&P 500 ETF (-15.47%), Sygnia Itrix MSCI Japan ETF (-16.07%), Sygnia Itrix Global Property ETF (-16.37%) and Sygnia Itrix MSCI US ETF (-16.66%) stocks on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Investment Services industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange