FNB launches exchange traded notes
FNB Namibia this week launched its exchange traded notes (ETN) programme to allow Namibians to participate in the global investments economy by acquiring listed instruments in international companies like Amazon, Apple and Microsoft for as little as N$10.
RMB Namibia markets head Ian Erlank highlighted the bank’s commitment to providing consumers with the necessary tools and information to help them make sound financial decisions that enhance their economic well-being.
“FNB Namibia believes that the ETN programme not only presents excellent opportunities for diversification, but also allows investors to access a broad range of asset classes, geographic regions, sectors and sustainability profiles. Depending on their investment objectives and preferences, investors can incorporate specific ETNs into their existing portfolios to expand their global exposure,” he said.
ETN can be purchased directly through any local Namibia Stock Exchange stockbroker without the need for complex offshore account-opening processes.
RMB Namibia markets head Ian Erlank highlighted the bank’s commitment to providing consumers with the necessary tools and information to help them make sound financial decisions that enhance their economic well-being.
“FNB Namibia believes that the ETN programme not only presents excellent opportunities for diversification, but also allows investors to access a broad range of asset classes, geographic regions, sectors and sustainability profiles. Depending on their investment objectives and preferences, investors can incorporate specific ETNs into their existing portfolios to expand their global exposure,” he said.
ETN can be purchased directly through any local Namibia Stock Exchange stockbroker without the need for complex offshore account-opening processes.
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