The Datvest Modified Consumer Staples Exchange Traded Fund (Datvest ETF) has announced a strong financial performance for the year ended 31 December 2025, with a 45% year-on-year growth in the fair value of equity investments.
The Fund’s inflation-adjusted net asset value after tax increased to ZWG9,400,831, up from ZWG7,262,622 in the prior year. The historical net asset value also rose to ZWG9,400,831, compared to ZWG6,313,321 in 2024.
The Fund’s performance was driven by fair value gains on equity investments, reflecting the blended exposure to both the Zimbabwe Stock Exchange (ZSE) All Share Index and the Victoria Falls Stock Exchange (VFEX) All Share Index, which gained 28% and 70% respectively during the year.
The Fund’s portfolio is diversified across leading companies in the consumer staples sector, including Delta, Innscor, Meikles, Simbisa Brands, and African Distillers.
Market Outlook:
The Zimbabwean capital markets posted a robust performance in 2025, driven by increased turnover and solid fundamentals from investee companies. The FMCG sector, represented in the Datvest ETF basket, recorded increased volumes and sales, exemplifying the resilient and defensive business models of the investee companies.
The Fund Manager, CBZ Asset Management Private Limited, remains optimistic about the Fund’s prospects, citing the strong performance of the Zimbabwean capital markets and the resilient business models of the investee companies.
The Datvest ETF offers investors a unique opportunity to gain exposure to the Zimbabwean consumer staples sector, with a diversified portfolio of leading companies.
