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1.68  /  0.18%

942.03

NAV on 2021/09/16
NAV on 2021/09/15 940.3528
52 week high on 2021/08/17 974.8259
52 week low on 2020/09/21 809.012
Total Expense Ratio on 2020/12/31 0.51
Total Expense Ratio (performance fee) on 2020/12/31 0
NAV
Incl Dividends
1 month change -2.03% -2.03%
3 month change -1.15% -1.15%
6 month change 0.98% 0.98%
1 year change 12.87% 12.87%
5 year change 0% 0%
10 year change 0% 0%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Basic Materials 7.76 6.90%
Consumer Discretionary 50.21 44.64%
Financials 30.20 26.85%
Health Care 5.23 4.65%
Industrials 5.74 5.10%
Telecommunications 13.33 11.85%
  • Top five holdings
 BHP 7.76 6.9%
 RICHEMONT 7.15 6.36%
 BATS 6.99 6.22%
 VODACOM 6.92 6.16%
 QUILTER 6.84 6.08%
  • Performance against peers
  • Fund data  
Management company:
NewFunds (Pty) Ltd.
Formation date:
2018/03/26
ISIN code:
ZAE000252458
Short name:
U-NFEVOL
Risk:
Unknown
Sector:
South African--Equity--General
Benchmark:
Absa Wits Risk-Controlled SA Low Volatility Index
Email
No email address listed.

Website
https://aiss.absa.africa/products/etf

Telephone
011-895--5517

  • Fund management  
NewFunds (Pty) Ltd.


  • Fund manager's comment
No fund manager's comment available.
  • Fund focus and objective  
The NewFunds Low Volatility Equity ETF ('the Portfolio') is aimed at providing an Investor with diversified exposure to 20 highly liquid constituent securities in the South African equity market that exhibit the lowest volatility as well as a low beta to the market in their performance by tracking the Absa Wits Risk-Controlled SA Low Volatility Index ('the Low Volatility Index'), where the constituent security's weights in the Low Volatility Index is determined by applying an equal risk contribution weighting scheme. The Low Volatility Index was created by Absa Bank Limited ('Absa') in collaboration with Wits University using their Findata@Wits® database. The ETF is total return in nature therefore all dividends and income received in the Portfolio is reinvested at each income distribution date.
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