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Listing by Introduction of the Benguela EasyETFs Global AI Revolution Actively Managed ETF
EasyETFs (RF) Proprietary Limited
(Registration number 2013/078096/07)
(Being the manager of the EasyETFs Scheme)
Benguela EasyETFs Global AI Revolution Actively Managed ETF
(being a portfolio under the EasyETFs Scheme, registered in the Republic of South Africa in terms of
the Collective Investment Schemes Control Act, 2002 ("the Act"))
Long Name: Benguela EasyETFs Global AI Revolution Actively Managed ETF
Short Name: BGAIAMETF
Apha/Share Code: BGFMAI
ISIN: ZAE000366019
Listing by Introduction of the Benguela EasyETFs Global AI Revolution Actively Managed ETF
1. Introduction
This announcement is issued in compliance with the JSE Debt and Specialist Securities Listings
Requirements ("DSS Requirements") for information purposes, following the JSE approving the listing
by introduction of the participatory interests in the Benguela EasyETFs Global AI Revolution Actively
Managed ETF ("Benguela EasyETFs Global AI Revolution AMETF").
The information set out below has been extracted from EasyETFs ETF Programme Memorandum ("the
Programme Memorandum") issued by the Manager on 18 October 2024 and updated on 30 July 2026
and the 11th Supplement ("the Supplement") issued on 30 July 2026 and relates to the listing by
introduction of Benguela EasyETFs Global AI Revolution AMETF participatory interests in the "Actively
Managed ETF" sub-sector of the "Exchange Traded Funds" sector on the Main Board of the JSE.
2. Structure
The Benguela EasyETFs Global AI Revolution AMETF (" the portfolio") is managed by EasyETFs (RF)
(Pty) Ltd, an approved Manager of Collective Investment Schemes and as such is governed in terms
of the Act.
The Manager has entered into an Investment Management Agreement with Benguela Global Fund
Managers (Pty) Ltd ("Benguela") (FSP Number: 45122), in terms of which Benguela will manage the
underlying portfolio and execute transactions to reflect these changes on behalf of the Manager.
FirstRand Bank Limited, acting through Rand Merchant Bank Custody Services Division will act as the
independent Trustee and will fulfil its duties as specified in the Act and the Regulations thereto.
3. Summary of the Listing
3.1 Issue size: 1,000
3.2 Issue price: R10 (1000 Zac)
3.3 Investment Policy:
The portfolio will be an actively managed exchange traded fund ("AMETF") listed on the JSE. Its primary
objective is to achieve long-term capital growth by investing predominantly in global equity securities
listed on recognised foreign exchanges that the Manager identifies as operating in, materially benefiting
from, or being closely associated with the Artificial Intelligence revolution and related technological
advancements.
The portfolio will be managed in accordance with the investment limitations applicable to the ASISA
Global – Equity – General portfolio classification category. It will follow a research-driven investment
strategy informed by the Manager's macro-economic outlook, thematic analysis and market
assessments. Investments will primarily comprise global equity securities and participatory interests in
collective investment schemes (including ETFs) with a focus on companies operating in, or benefiting
from, high-growth science and technology sectors, including artificial intelligence, telecommunications,
media and technology, automation, robotics and related enabling technologies.
The portfolio may hold cash, money market instruments, short-term deposits and participatory interests
in money market portfolios for liquidity management. It may also invest in listed property, bonds,
debentures, securitised debt, exchange traded notes and other permitted financial instruments for
efficient portfolio management purposes, including hedging and risk reduction, subject to the Act and
applicable subordinate legislation. Such financial instruments do not form part of the portfolio's core
investment strategy.
The portfolio may invest in foreign assets and in participatory interests of local and foreign collective
investment schemes where the applicable regulatory environment provides investor protection
acceptable to the Manager and Trustee. The Manager may create, issue, redeem and cancel
participatory interests in accordance with the Act and the Deed and may vary the portfolio's asset
allocation to maximise capital growth, subject to the Act. The Trustee shall ensure that the investment
policy set out in the Deed and supplemental deed is carried out.
3.4. Salient Dates and Times
Publication of the listing announcement on SENS and distribution of Supplement Friday, 24 July 2026
Listing Date at 09:00 Thursday, 06 August 2026
4. Documentation
Copies of the Programme Memorandum and the Supplement can be obtained on the EasyETFs website
at https://etfs.easyequities.co.za/easyetf-instrument-page/bgfmai?hsLang=en-za.
The distribution of the Supplement and the offer or sale of participatory interests may be restricted by
law in certain jurisdictions. Persons in whose possession the Supplement or any other participatory
interests come must inform themselves about, and observe, any such restrictions.
Cape Town
Friday, 24 July 2026
Listing Advisor
Prescient Capital Markets (Pty) Ltd
Designated Person
Ben Meyer
Date: 24-07-2026 02:48:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
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