ASHEQF - Ashburton Global 1200 FOF ETF
The Ashburton Global 1200 Fund of Fund ETF, formerly known as the Ashburton Global 1200 Equity ETF, is an Exchange Traded Fund (ETF) that invests in underlying ETFs that track seven composite headline indices. The aim of the ETF is to provide investors with efficient exposure to the global equity market by tracking the S&P Global 1200, which captures 70% of the global stock market capitalization, covering seven distinct regions and 30 countries. The ETF invests in all of the component securities of the index in proportion to their weightings in the index.
Structured as a Fund of Fund, the Ashburton Global 1200 ETF achieves efficiency by investing in underlying ETFs that track the S&P 500 (US), S&P Europe 350, S&P TOPIX 150 (Japan), S&P/TSX 60 (Canada), S&P/ASX All Australian 50, S&P Asia 50, and S&P Latin America 40. Each stock in the index meets the required liquidity standards and each component region has appropriate sector representation. The size of each region corresponds to its relative size in the global equity market, based on a ﬂoat-adjusted market value.
In August 2020, the JSE Limited and Financial Services Conduct Authority approved changes to the structure of the Ashburton Global 1200 Equity ETF to a Fund of Fund ETF structure. As a result, the portfolio became known as the Ashburton Global 1200 FOF ETF, a portfolio in the Ashburton Collective Investment Scheme in securities, registered in terms of the Collective Investment Schemes Control Act, no 45 of 2002 with a new ISIN of ZAE000289872. The share code also changed from the original ASHGEQ to ASHEQF.
|Last Trading Results||Growth & Valuation|
|Opening Price:||--||Earnings Per Share:||--|
|Day's Low Price:||58.11||Price/Earning Ratio:||--|
|Day's High Price:||59.00||Dividend Per Share:||--|
|Traded Volume:||9,480||Dividend Yield:||--|
|Number of Deals:||20||Shares Outstanding:||15.42m|
ASHEQF Stock Market Performance
The current share price of Ashburton Global 1200 FOF ETF (ASHEQF) is ZAR 58.32. The ASHEQF stock closed its last trading day (Thursday, December 3, 2020) at 58.32 ZAR per share on the Johannesburg Stock Exchange, recording a 0.05% gain over its previous closing price of 58.29 ZAR. ASHEQF began the year with a share price of 48.63 ZAR and has since gained 19.93% on that price valuation, ranking it 73rd on the JSE in terms of year-to-date performance. The table below details the last 10 trading days of activity of Ashburton Global 1200 FOF ETF on the Johannesburg Stock Exchange.
Profile of Ashburton Management Company RF (Pty) Ltd
Ashburton Management Company RF (Pty) Ltd 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 Ashburton Management Company RF (Pty) Ltd|
1 Merchant Place, Corner Fredman Drive and Rivonia Rd, P. O. Box 786276, Sandton 2416, South Africa
+27-11-282-8271, +27-11-282-8800, +27-21-912-2960
ASHEQF Industrial Market Competitors
Ashburton Management Company RF (Pty) Ltd, issuers of the ASHEQF, Ashburton World GovB ETF (+13.75%), Ashburton Top 40 ETF (+6.48%), Ashburton Inflation ETF (-2.05%) and Ashburton Mid Cap ETF (-20.8%) stocks on the Johannesburg 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|
|ETFRHO||1nvest Rhodium ETF||1.05b||2,331.56||+184.7%|
|YYLBEE||YeboYethu (RF) Ltd||1.72b||32.55||+87.1%|
|STXNDQ||Satrix Nasdaq 100 Prtf||1.88b||107.54||+56.4%|
|ETF5IT||1nvest S&P 500 IT ETF||327.57m||11.96||+48.4%|
|ZCL||Zarclear Holdings Ltd||1.36b||6.00||+41.5%|
|NGPLD||NewGold Palladium ETF||716.25m||358.18||+36.0%|
|ETFPLD||1nvest Palladium ETF||1.42b||355.77||+35.1%|
|ETFGLD||1nvest Gold ETF||3.08b||273.95||+30.6%|
|GLD||New Gold Issuer Limited||20.55b||262.21||+30.4%|
|STX500||Satrix S&P 500 Feeder||1.38b||56.38||+25.1%|