![]() “As an active ETF, AGX1 trades throughout the day at its indicative NAV less a spread. This makes AGX1, which launched in 2018, one of the largest active ETFs trading on the ASX.Īndrew Findlay, Antipodes’ Managing Director, said the successful transition comes following thorough consultation with APL shareholders over the past 18 months. The transition materially improves scale and liquidity of AGX1, with circa 6000 additional unitholders boosting its market cap to around $600 million. Antipodes has successfully completed a Scheme of Arrangement that will see shareholders of Antipodes Global Investment Company Limited (ASX: APL), a closed-end listed investment company (LIC), transition to become unitholders of Antipodes Global Shares (Quoted Managed Fund), an open-end active ETF (ASX: AGX1).
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