NEWFUNDS - NewFunds ILBI ETF
The NewFunds Inflation-Linked Bond Index (ILBI) Exchange Traded Fund (ETF) portfolio has been established with the intention of allowing an investor to obtain market exposure to the Consitituent Securities held in the ILBI ETF Portfolio in an easeily tradable form and to replicate as far as possible the price and yield performance of the Constituent Securities. In other terms, the NEWFUNDS ETF is an index of all the bonds that the government issues that pays back interest linked to the consumer price index (CPI) or inflation. It takes all the money an investor receives back from these bonds on a monthly basis and reinvests it in on their behalf. Thus, the amount that an investor invests in the ETF increases every month.
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|Number of Deals:||0||Shares Outstanding:||100,000|
NEWFUNDS Stock Market Performance
The current share price of NewFunds ILBI ETF (NEWFUNDS) is BWP 50.10. The NEWFUNDS stock closed its last trading day (Tuesday, January 12, 2021) at 50.10 BWP per share on the Botswana Stock Exchange, recording a 4.28% drop from its previous closing price of 52.34 BWP. NEWFUNDS began the year with a share price of 52.34 BWP but has since lost 4.28% off that price valuation, ranking it 36th on the BSE in terms of year-to-date performance. Shareholders' fears may be allayed by the 7.72% increase of NEWFUNDS share price in recent weeks - since December 15. The table below details the last 10 trading days of activity of NewFunds ILBI ETF on the Botswana Stock Exchange.
Profile of NewFunds (Pty) Limited
NewFunds (Pty) Limited operates in the Financials sector, specifically, the Investment Instruments industry. Unfortunately, we do not have information on the company's board of directors and/or key executives at this time.
|Factsheet of NewFunds (Pty) Limited|
15 Allice Lane, Sandon 2196, South Africa
NEWFUNDS Industrial Market Competitors
NewFunds (Pty) Limited, issuers of the NEWFUNDS stock on the Botswana Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Investment Instruments industry. The table below gives you an overview of the market standing of the top 10 by year-to-date performance.
|Code||Name||Mkt. Cap.||L. Price||YearTD|
|NEWGOLD||NewGold Exchange Traded Fund||572.30m||194.00||+1.15%|
|LETSHEGO||Letshego Holdings Limited||1.61b||0.75||+4.17%|
|INVESTEC||Investec Group Limited||17.12b||53.67||+0.00%|
|FNBB||First National Bank of Botswana||5.60b||2.20||+0.00%|
|BIHL||Botswana Insurance Holdings Ltd||4.94b||17.50||+0.00%|
|SEFALANA||Sefalana Holding Company Ltd||2.34b||9.34||+0.00%|
|NAP||New African Properties Limited||1.94b||3.21||+0.00%|
|ABC||BancABC Botswana Limited||1.44b||1.98||+0.00%|
|TURNSTAR||Turnstar Holdings Limited||1.43b||2.50||+0.00%|