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Bulgarian Expat's SAX-based ETF receives orders to redeem 30,000 shares

Author Mario Tanev
Bulgarian Expat's SAX-based ETF receives orders to redeem 30,000 shares wrangler/Shutterstock.com

SOFIA (Bulgaria), January 17 (SeeNews) - Expat Slovakia SAX UCITS ETF [BUL:SK9A], managed by Sofia-based Expat Asset Management, received earlier this week orders on the primary market to redeem 30,000 shares, according to data from the management company's website.

Following the transaction, the exchange-traded fund (ETF) will have a total of 60,000 issued shares, the data shows.

Expat Slovakia SAX UCITS ETF, launched in 2018, is listed on the Bulgarian Stock Exchange and the Frankfurt Stock Exchange.

The ETF tracks the performance of the SAX index of the Bratislava Stock Exchange.

Expat Asset Management is a unit of Bulgaria's Expat Capital.

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