Equity Insights
FNB ETN Quarterly Update - 2Q26
The FNB Exchange-Traded Notes (ETNs) were mostly positive in the second quarter of 2026 (2Q26), amidst a backdrop of sharp swings in global markets driven by the United States (US)-Iran conflict, the subsequent reopening of the Strait of Hormuz, evolving central bank policy expectations, and growing concerns around artificial intelligence (AI) company valuations.
30 June 2026
Equity Insights
FNB to list five new ETNs on the JSE - expanding global access for SA investors
25 May 2026
Equity Insights
FNB MSCI Ex USA Index ETN
The FNB ETN provides investors with ZAR-denominated exposure to the MSCI World Ex USA Index which is a free-float weighted equity index. The index measures global equity performance outside the United States (US), covering 773 large and mid-cap companies across 22 (of 23) developed markets. This benchmark, which covers approximately 85% of the free float-adjusted market capitalisation in each country, is widely used by investors seeking international diversification- without the regional concentration of the dominant US equity market.
25 May 2026
Equity Insights
SPM Best Ideas - Local large-cap - May 2026
A look at our best local large-cap investment ideas from our FNB investment research team.
21 May 2026
Equity Insights
Brunello Cucinelli - Barely a whisper at the top of the taste hierarchy
Brunello Cucinelli was founded in 1978 by its namesake in Perugia, Italy. The business was initially focussed on utilising Italian craftmanship to manually produce coloured cashmere sweaters for women - a novel idea at the time. In 1985, Cucinelli acquired a 14th-century castle in Solomeo, Italy, a small Umbrian hamlet, and restored it, turning the village into the company's permanent headquarters and a "Hamlet of Cashmere and Harmony".
25 March 2026
Equity Insights
FNB ETN Quarterly Update - 2Q26
The FNB Exchange-Traded Notes (ETNs) were mostly positive in the second quarter of 2026 (2Q26), amidst a backdrop of sharp swings in global markets driven by the United States (US)-Iran conflict, the subsequent reopening of the Strait of Hormuz, evolving central bank policy expectations, and growing concerns around artificial intelligence (AI) company valuations.
30 June 2026
Equity Insights
FNB to list five new ETNs on the JSE - expanding global access for SA investors
25 May 2026
Equity Insights
FNB MSCI Ex USA Index ETN
The FNB ETN provides investors with ZAR-denominated exposure to the MSCI World Ex USA Index which is a free-float weighted equity index. The index measures global equity performance outside the United States (US), covering 773 large and mid-cap companies across 22 (of 23) developed markets. This benchmark, which covers approximately 85% of the free float-adjusted market capitalisation in each country, is widely used by investors seeking international diversification- without the regional concentration of the dominant US equity market.
25 May 2026
Equity Insights
SPM Best Ideas - Local large-cap - May 2026
A look at our best local large-cap investment ideas from our FNB investment research team.
21 May 2026
Equity Insights
Brunello Cucinelli - Barely a whisper at the top of the taste hierarchy
Brunello Cucinelli was founded in 1978 by its namesake in Perugia, Italy. The business was initially focussed on utilising Italian craftmanship to manually produce coloured cashmere sweaters for women - a novel idea at the time. In 1985, Cucinelli acquired a 14th-century castle in Solomeo, Italy, a small Umbrian hamlet, and restored it, turning the village into the company's permanent headquarters and a "Hamlet of Cashmere and Harmony".
25 March 2026
Disclaimer
This Publication note is issued by FNB for the information of clients only and should not be produced in whole or part without prior permission. Although FNB is an Authorised Financial Services Provider, any opinions and/or analysis contained in this Publication are for informational purposes only and should not be considered advice, including but not limited to financial, legal or tax advice, or a recommendation to invest in any security or to adopt any investment strategy. The information contained herein has been obtained from sources/persons which we believe to be reliable. Still, it is not guaranteed for correctness, completeness or otherwise. We do not assume liability for loss arising from errors in the information or that may be suffered from using or relying on the information contained herein, irrespective of whether there has been any negligence by us, our affiliates or any other employees of ours, and whether such losses are direct or consequential. As market and economic conditions are subject to rapid change, any comments, opinions and analyses are rendered as of the date of publishing and may change without notice. Such changes may have a material impact on the outcome of any investment. Securities involve a degree of risk and are volatile instruments. Past performance is not indicative of future performance. Securities or financial instruments mentioned in the Publication note may not be suitable for all investors, and FNB bears no responsibility whatsoever arising from or as a consequence thereof. The material is not intended as a complete analysis of every material fact regarding any share, instrument, sector, region, market, country, investment or strategy. The recipient of this Publication must make their own investment decision and is advised to contact their relationship manager for a personal financial analysis before making any investment decisions. Copyright 2023.
