ASBI - EasyETFs Africa 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.
NOTE: Shares of EasyETFs Africa Bond ETF are currently suspended from trading on the Johannesburg Stock Exchange (JSE) since close of trading on Tuesday, September 20, 2022. EasyETFs Africa Bond ETF is traded on the JSE under the ticker symbol “ASBI”. The International Securities Identification Number (ISIN) of JSE:ASBI is ZAE000297354. EasyETFs Africa Bond ETF is currently the 425th most valuable stock on the JSE with a market capitalization of ZAR 804,510.
| Last Trading Results | |
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| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 0 |
| Number of Deals | 0 |
| Gross Turnover | 0.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 11,493 |
| Market Capitalization | 804,510 |
ASBI Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +2.94% | +2.19% | -1.75% |
| 6MO | 1YR | YTD |
|---|---|---|
| -22.7% | -28.7% | -31.4% |
The current share price of EasyETFs Africa Bond ETF (ASBI) is ZAR 70.00. ASBI closed its last trading day (Friday, September 16, 2022) at 70.00 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1.4% gain over its previous closing price of 69.00 ZAR. EasyETFs Africa Bond ETF began the year with a share price of 101.99 ZAR but has since lost 31.4% off that price valuation.
EasyETFs Africa Bond ETF has traded a total volume of 2,805 shares—in 132 deals—valued at ZAR 199,151 over the past three months (Jun 23 - Sep 20, 2022), with an average of 45 traded shares per session. A volume high of 994 was achieved on September 15th for the same period. The table below details the last 10 trading days of activity of EasyETFs Africa Bond ETF on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2022-09-16 | 734 | 70.00 | +1.00 | +1.45% |
| 2022-09-15 | 994 | 69.00 | +1.00 | +1.47% |
| 2022-09-08 | 2 | 68.00 | -4.00 | -5.56% |
| 2022-09-06 | 41 | 72.00 | +3.50 | +5.11% |
| 2022-09-05 | 82 | 68.50 | ||
| 2022-09-02 | 11 | 68.50 | ||
| 2022-08-31 | 6 | 68.50 | ||
| 2022-08-30 | 130 | 68.50 | ||
| 2022-08-29 | 14 | 68.50 | ||
| 2022-08-25 | 24 | 68.50 |
Profile of EasyETFs (RF) (Pty) Limited
EasyETFs (RF) (Pty) Limited was founded on May 14, 2013 and operates in the Financials sector, specifically, the Investment Services industry.
Factsheet of EasyETFs (RF) (Pty) Limited
- Sector
- Financials
- Industry
- Investment Services
- Address
- 1st Floor, Victoria Gate West, Hyde Park Lane, Cnr Jan Smuts and William Nicol, South Africa
- Telephone
- +27-10-203-9157
ASBI Industrial Market Competitors
EasyETFs (RF) (Pty) Limited, issuers of the ASBI and EasyETFs AI World Actively Managed ETF (+18.88%) 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.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| ETFSWX | 1nvest SWIX 40 ETF | 3.99B | 22.38 | +71.2% |
| AIL | African Rainbow Cap Inv | 11.7B | 7.70 | +57.5% |
| 4SI | 4Sight Holdings Limited | 374M | 0.70 | +40% |
| SYFANG | Sygnia Itrix FANG.AI Actively Managed ETF | 607M | 15.52 | +34.4% |
| ETF5IT | 1nvest S&P 500 IT ETF | 1.42B | 29.57 | +29.8% |
| GLD | New Gold Issuer Limited | 27.1B | 444.76 | +25% |
| ETFGLD | 1nvest Gold ETF | 2.07B | 464.52 | +24.9% |
| STX500 | Satrix S&P 500 Feeder | 7.68B | 113.10 | +22.1% |
| ETF500 | 1nvest S&P 500 Index ETF | 409M | 560.33 | +21.2% |
| SYGUS | Sygnia Itrix MSCI US ETF | 8.35B | 100.63 | +20.5% |