Equity Insights
FNB to list sixteen new single-stock ETNs this month
For South African investors, globally diversifying a portfolio by obtaining international assets has become crucial in enhancing portfolio return and reducing overall portfolio risk. With the cost and complexities attached to investing offshore in mind, FNB listed several single-stock exchange-traded notes (ETNs) on the Johannesburg Stock Exchange (JSE) in 2020 that have opened a new avenue of gaining offshore exposure for local retail investors. At the end of April 2024, FNB listed an additional eight ETNs, covering four prominent names, being Nvidia, Eli Lily, Palo Alto, and Booking Holdings.
18 March 2025