Old Mutual ETF now on ZSE Direct

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THE Old Mutual (OM) Top 10 Index Exchange Traded Fund (ETF) is now available on the Zimbabwe Stock Exchange (ZSE)’s direct access service, which allows investors to participate without manual intervention by brokers.
The direct now service which was launched last September, now accounts for more than 20 percent of all trades on the local bourse, according to chief executive Justin Bgoni.

“The OM ZSE Top Ten ETF is now available through ZSE Direct. To invest… you are required to have an existing account on ZSE Direct or a trading account with your stockbroker,” Bgoni said in a statement this week.