The Datvest Modified Consumer Staples Exchange-Traded Fund, known as “Datvest ETF,” offers a unique investment solution to clients by facilitating investments in various counters on the Zimbabwe Stock Exchange (ZSE) and Victoria Falls Stock Exchange (VFEX). The ETF includes a basket of securities, tracking companies involved in consumer staples. These companies include Delta, Innscor, National Foods, Meikles, Simbisa Brands, OK Zimbabwe, TSL, Dairiboard, Hippo, and African Distillers.
Finances
The fund recorded an inflation adjusted profit after tax of ZWL$255.2 million against prior year inflation adjusted loss of ZWL$1.6 billion driven by fair value gains in inflation adjusted terms on equity investments. The fund managed recorded profit after tax of ZWL$1.1 billion in historical terms [prior year; ZWL$93.5 million].