Second ETF enters local market

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Nedbank Capital is gearing up to introduce the BettaBeta Exchange Traded Fund (ETF) on the Botswana Stock Exchange (BSE), a move that will give the local bourse the second such listing this year.

In July, Absa Capital listed the BSE's inaugural ETF, marking a milestone in the local bourse's development and the expansion of asset classes in the country. Absa's gold ETF is presently a hit with investors as the gold price recently broke through US$1, 400 (P8, 960) per ounce.

With the ground laid, Nedbank is hoping the BettaBeta ETF will prove popular with local retail and institutional investors, all of whom are eager for investment opportunities, particularly the low-cost, flexible type provided by ETFs.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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