DAR ES SALAAM, Jan. 29 -- THE Dar es Salaam Stock Exchange (DSE) has officially listed East Africas first regional Exchange Traded Fund (ETF), the I-Trust EAC Large Cap ETF, marking a milestone in the countrys capital markets.

The Capital Markets and Securities Authority (CMSA) Chief Executive Officer, Nicodemus Mkama, said at a bell-ringing ceremony yesterday that iTrusts ETF recorded a success rate of 540 per cent, raising 54.03bn/- against a target of 10bn/-.

The new ETF provides investors across the region with diversified exposure to top-performing East African companies through a single instrument. Since its listing, the share price has risen from 1,064/- to 1,200/-.

He added that 99.44 per cent of the investors were individual (...