ADBF - African Domestic Bond Fund
African Domestic Bond Fund is a public company with limited liability incorporated on 4th May 2017 under the laws of Mauritius (business registration number C17146994) and authorized as a “Collective Investment Scheme” (“CIS”) pursuant to the Securities Act 2005 of Mauritius and further categorized as a “Global Scheme” under the Securities (Collective Investment Schemes and Closed End Funds) Regulations 2008 by the Financial Services Commission of Mauritius on 22nd May 2017.
ADBF is a foreign debt securities CIS structured as an Exchange Traded Fund (“ETF”),which aims to track in a cost-efficient manner the performance of the AfDB/AFMISM Bloomberg® African Bond Index 25% Capped (the “Index”) – Ticker BADBC – before fees and expenses, by investing principally in the sovereign bonds of African countries. ADBF’s total return as at 29 July 2022 is 30.8% (in USD) and 52.2% (in BWP).
African Domestic Bond Fund is listed on the Botswana Stock Exchange (BSE) since September 15th, 2022. African Domestic Bond Fund is traded on the BSE under the ticker symbol “ADBF”. The International Securities Identification Number (ISIN) of BSE:ADBF is MU0607S00004. African Domestic Bond Fund is currently the 36th most valuable stock on the BSE with a market capitalization of BWP 1.06 million, which makes about 0.0002% of the Botswana Stock Exchange equity market.
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ADBF Stock Market Performance
The current share price of African Domestic Bond Fund (ADBF) is BWP 95.49. ADBF closed its last trading day (Thursday, September 21, 2023) at 95.49 BWP per share on the Botswana Stock Exchange (BSE), recording a 0.4% drop from its previous closing price of 95.83 BWP. African Domestic Bond Fund began the year with a share price of 104.33 BWP but has since lost 8.47% off that price valuation, ranking it 33rd on the BSE in terms of year-to-date performance.
African Domestic Bond Fund is the 32nd most traded stock on the Botswana Stock Exchange over the past three months (Aug 31 - Nov 29, 2023). ADBF has traded a total volume of 60 shares—in 2 deals—valued at BWP 5,747 over the period, with an average of 1 traded shares per session. A volume high of 51 was achieved on September 14th for the same period. The table below details the last 10 trading days of activity of African Domestic Bond Fund on the Botswana Stock Exchange.
Profile of African Domestic Bond Fund
African Domestic Bond Fund was founded on May 4, 2017 and operates in the Financials sector, specifically, the Investment Services industry.
Factsheet of African Domestic Bond Fund
- Investment Services
ADBF Industrial Market Competitors
African Domestic Bond Fund, issuers of the ADBF stock on the Botswana Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Investment Services industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
|NEWPLAT||NewGold Platinum ETF||366M||120.00||+13.5%|
|NEWPALL||NewGold Palladium ETF||26M||259.50|
|STANCHART||Standard Chartered Bank Ltd||1.52B||5.10||+77.7%|
|INVESTEC||Investec Group Limited||19.9B||80.05||+26.6%|
|ABSA||Absa Bank Botswana||5.37B||6.30||+22.1%|
|FNBB||First National Bank of Botswana||10.8B||4.26||+21.7%|
|SEFALANA||Sefalana Holding Company Ltd||2.87B||11.44||+18.4%|
|TURNSTAR||Turnstar Holdings Limited||1.2B||2.09||+18.1%|
|BIHL||Botswana Insurance Holdings Ltd||5.64B||19.96||+12.7%|