27four Global Shariah Equity Actively Managed ETF   

Making its debut on the Johannesburg Stock Exchange (JSE) on the 8^th October 2025, the 27four Global Shariah Equity Actively Managed ETF is investing in securities listed on over 250 exchanges and clearing houses that are members of the World Federation of Exchanges. 

A 27four representative said: “Our intention with this ETF is to give investors a simple, transparent gateway into global Shariah compliant equities without the operational friction usually associated with cross-border investing.” 

“For many South African investors, any international allocation is either too complex or too expensive. By listing this ETF locally, we are lowering that barrier significantly while upholding strict Shariah standards.” 

This open-ended offering comes with an initial batch of 100,000 participatory units priced at ZAR10 (US$0.58) each. After subscriptions, these units can be traded without any minimum number on the JSE as a secondary market. 

Benchmarked against the MSCI World Islamic Net Total Return Index, this ETF will undergo quarterly rebalancing for Islamic sectoral and financial screenings – ensuring that the fund avoids derivatives, speculative instruments and scrip lending.  

Peresec Prime Brokers is the designated market maker. “Liquidity and transparency were priorities when designing this product. Investors should be able to enter or exit positions smoothly,” explained the 27four representative. 

Having an investment objective to generate long-term capital growth plus income generation over the medium- and long-term, quarterly distributions will be paid at the end of March, June, September and December annually. 

The management fee is structured on a cost-recovery basis, capped at 53bps per annum (value added tax exclusive). Upfront or exit fees linked to the creation or redemption processes may apply but may also be waived at the manager’s discretion.      

*Disclaimer:  The opinions and viewpoints expressed in the Fund Profile do not constitute as recommendations for any funds highlighted. The information presented is not investment advice and should not be treated as such.