ASBI - S&P African Sovereign Bond ETF
The Cloud Atlas S&P Africa Sovereign Bond ETF is a portfolio in the Cloud Atlas Collective Investment Scheme in Securities that offers investors access to listed Eurobonds that track high-yielding, long-dated debt issued by African sovereign countries. The ETF portfolio consists of African sovereign bonds traded and cleared on the London and Luxemburg stock exchanges that are issued by the Governments of Egypt, Ghana, Kenya, Morocco, Namibia, Nigeria, and South Africa. The fund aims to closely track the performance of the S&P Africa Sovereign Bond Select Index by investing in high yielding bonds of countries represented by the index.
The S&P Africa Sovereign Bond Select Index is a sub-index of the S&P Africa Hard Currency Sovereign 1+ Year Bond Index designed with the goal of selecting tradable, high-income securities. Constituents must have a maturity of at least one year from the rebalancing reference date and be rated ‘B-’ or above from all of S&P Global Ratings, Moody’s, and Fitch. The index is comprised of bonds issued by African Sovereign Governments denominated in Euros, Japanese Yen, and U.S. Dollars from the African countries with a credit rating above ‘B-’, currently: Egypt, Ghana, Kenya, Morocco, Namibia, Nigeria, and South Africa.
|Last Trading Results|
|Day’s Low Price||98.15|
|Day’s High Price||98.20|
|Number of Deals||2|
|Growth & Valuation|
|Earnings Per Share|
|Dividend Per Share|
ASBI Stock Market Performance
The current share price of S&P African Sovereign Bond ETF (ASBI) is ZAR 98.15. ASBI closed its last trading day (Thursday, September 23, 2021) at 98.15 ZAR per share on the Johannesburg Stock Exchange (JSE). S&P African Sovereign Bond ETF closed its IPO day (July 28, 2021) with a share price of 100.00 ZAR but has since lost 1.85% off that price valuation, ranking it 329th on the JSE in terms of year-to-date performance.
S&P African Sovereign Bond ETF is the 394th most traded stock on the Johannesburg Stock Exchange over the past four weeks (Aug 26 - Sep 23, 2021). ASBI has traded a total volume of 4,228 shares—in 29 deals—valued at ZAR 416,539 over the period, with an average of 201 traded shares per session. A volume high of 2,215 was achieved on September 3rd for the same period. The table below details the last 10 trading days of activity of S&P African Sovereign Bond ETF on the Johannesburg Stock Exchange.
Profile of Cloud Atlas RF (Pty) Limited
Cloud Atlas RF (Pty) Limited operates in the Financials sector, specifically, the Investment Services industry.
|Factsheet of Cloud Atlas RF (Pty) Limited|
1st Floor, Victoria Gate West, Hyde Park Lane, Cnr Jan Smuts and William Nicol, South Africa
ASBI Industrial Market Competitors
Cloud Atlas RF (Pty) Limited, issuers of the ASBI and Cloud Atlas AMI Big50 ex-SA ETF (-6.11%) stocks on the Johannesburg 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.
|MTNZF||MTN Zakhele Futhi||2.72B||22.00||+128%|
|ARA||Astoria Investments Ltd||255M||4.50||+87.5%|
|SBP||Sabvest Capital Limited||2.21B||53.84||+81%|
|NFEVAL||NF Equity Value ETF||225M||10.85||+30.1%|
|YYLBEE||YeboYethu (RF) Ltd||2.4B||45.27||+29.3%|
|SCP||Stellar Cap Partners Ltd||858M||0.94||+25.3%|
|STXRAF||Satrix RAFI 40 Portfolio||1.03B||17.70||+23.8%|
|CSPROP||CoreShares SA Property Income||278M||10.79||+23.7%|
|STXPRO||Satrix Property Portfolio||424M||9.94||+22.7%|