South Africa’s first preference shares with an infrastructure focus were listed on October 22 on 4 Africa Exchange (4AX), Gaia Fund Managers and Kruger International Asset and Wealth Management confirmed. Gaia, together with Kruger, is listing Gaia Fund 1 (the Fund), which complies with Collective Investment Scheme regulations. The Fund’s A preference shares will trade under the ticker 4AGF1A on 4AX.