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The much awaited Old Mutual ZSE Top Ten Exchange Traded Fund was successfully listed on the ZSE Main Board yesterday, the first such financial instrument in the country.

 

 

On debut the ETF traded as follows :

Security code:    OMTT.zw
Opening price:   $1
Closing Price   $1.0022
Number of trades   41
Volume of trades   4,732,234
Turnover value   $4,742,729
Market cap.   $80,176,000

 

 

 

 

 

 

 

An ETF is a type of security that involves a collection of securities that often tracks an underlying index. Old Mutual’s ETF will be based on the bourse’s top 10 Index.