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Listing by Introduction of the Prescient China Balanced Feeder AMETF
Prescient Management Company (RF) (Pty) Ltd
(Registration number 2002/022560/07)
(Being the manager of the Prescient ETF Scheme)
Prescient China Balanced Feeder Actively Managed Exchange Traded Fund
(being a portfolio under the Prescient ETF Scheme, registered in the Republic of South Africa in terms
of the Collective Investment Schemes Control Act No. 45 of 2002)
Long Name: PAN Actively Managed ETF
Short Name: PANDAMETF
Alpha/Share Code: PANDA
ISIN Code: ZAE000357992
Listing by Introduction of the Prescient China Balanced Feeder Actively Managed Exchange
Traded Fund
1. Introduction
This announcement is issued in compliance with the Debt & Special Securities Listings Requirements
("DSS Requirements") for information purposes, following the JSE approving the listing by introduction
of the participatory interests in the Prescient China Balanced Feeder Actively Managed Exchange
Traded Fund ("Prescient China Balanced Feeder AMETF").
The information set out below has been extracted from Prescient ETF Programme Memorandum ("the
Programme Memorandum") issued by the Manager on 26 May 2023 and updated on 04 March 2026
and the 26th Supplement ("the Supplement") issued on 04 March 2026 and relates to the listing by
introduction of Prescient China Balanced Feeder 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 Prescient China Balanced Feeder AMETF is managed by Prescient Management Company, an
approved Manager of Collective Investment Schemes and as such is governed in terms of CISCA.
The Manager has entered into an agreement with the Asset Manager, Prescient Investment
Management (Pty) Ltd, in terms of which the Asset Manager will manage the underlying portfolio and
execute transactions to reflect these changes on behalf of the Manager.
Standard Bank of South Africa Limited will act as the independent Trustee and will fulfil its duties as
specified in CISCA and the Regulations thereto.
3. Summary of the Listing
3.1 Issue size: 1,000
3.2 Issue price: 1000 cents (R10)
3.3 Investment Policy:
The Prescient China Balanced Feeder AMETF is a feeder actively managed ETF. The investment
objective of the portfolio is to achieve long term capital growth by investing, apart from assets in liquid
form, only in participatory interests of the section 65 approved, Prescient China Balanced Fund
("Underlying Fund") operating under the Prescient Global Funds PLC Scheme domiciled in Ireland. The
Underlying Fund invests in a diversified spectrum of Chinese equity, bond and money market
instruments directly, including Chinese A-shares via Prescient's Qualified Foreign Institutional Investor
license (QFII).
The Underlying Fund will predominantly invest in mainland Chinese equities, bonds, cash and money
market instruments. The Underlying Fund may also invest in global equities, bonds and other
interest-bearing securities such as certificates of deposit, money market instruments, global currencies
and through Regulated Funds which, in the Underlying Fund's Investment Manager's view, have good
risk adjusted pricing characteristics.
The Prescient China Balanced Feeder AMETF as permitted in Par 12(f) of Chapter IV of Board Notice
90 of 2012 will be allowed to enter into financial transactions for the exclusive purpose of hedging
exchange risks subject to the conditions and limitations as stipulated in Chapter V of Board Notice 90
of 2012 3.4. Nothing in the supplemental deed shall preclude the Underlying Fund's Investment
Manager from varying the ratios of asset allocation and securities, to maximise absolute return and
investment potential in changing economic environments or market conditions or to meet the
requirements, if applicable, of any exchange formally recognised in terms of legislation and from
retaining cash or placing cash on deposit in terms of the deed and any supplemental deeds thereto;
provided that the Manager shall ensure that the aggregate value of the assets comprising the portfolio
shall consist of securities of the aggregate value required from time to time by the Act.
The Trustee shall ensure that the investment policy set out in the supplemental deed, the deed and in
all supplemental deeds thereto is carried out.
For the purpose of the Prescient China Balanced Feeder AMETF, the Manager shall reserve the right
to close the Prescient China Balanced Feeder AMETF to new investors on a date determined by the
Manager. This may be done in order to manage the Prescient China Balanced Feeder AMETF in
accordance with its mandate. The Manager may, once the Prescient China Balanced Feeder AMETF
has been closed, open the Prescient China Balanced Feeder AMETF again to new investors on a date
determined by the Manager.
3.4 Salient Dates and Times
Publication of the listing announcement on SENS and distribution of Supplement Wednesday, 04 March 2026
Listing Date at 09:00 Wednesday, 11 March 2026
4. Documentation
Copies of the Programme Memorandum and the Supplement can be obtained on the Prescient website
at https://www.prescient.co.za/funds.
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
Wednesday, 04 March 2026
Listing Advisor
Prescient Capital Markets (Pty) Ltd
Designated Person
Mr Benjamin (Ben) Meyer
Date: 04-03-2026 05:01:00
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