Made in Zimbabwe ETF

LAST UPDATE
April 20, 2024 11:38 am
Name of counter
Morgan & Co. Made In Zimbabwe ETF
Short Code
MIZ.zw
ISIN Number
ZW 000 902 004 2
NAV/unit
ZWL$17.76
ETF Prospectus

The Morgan & Co Made In Zimbabwe ETF is an actively managed fund which primarily invests in Zimbabwean manufacturing companies. Normally, at least 80% of the fund will be invested in Zimbabwe based manufacturing companies whose revenues are primarily derived from manufacturing processes while 20% may be invested in companies that fall outside of this scope. The manager, Zimnat Asset Management, primarily allocates the fund’s portfolio investments using a proprietary model developed by Morgan & Co Research which focuses on firms that are fundamentally sound and well managed and that are reasonably expected to deliver future earnings per share growth in excess of Zimbabwe Consumer Price index.