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.
|Live Trading Feed|
|Day’s Low Price||66.00|
|Day’s High Price||66.43|
|Number of Deals||9|
|Growth & Valuation|
|Earnings Per Share|
|Dividend Per Share|
ASHEQF Stock Market Performance
The current share price of Ashburton Global 1200 FOF ETF (ASHEQF) is ZAR 66.00. ASHEQF closed its last trading day (Monday, July 26, 2021) at 65.97 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.5% gain over its previous closing price of 65.67 ZAR. Ashburton Global 1200 FOF ETF began the year with a share price of 57.32 ZAR and has since gained 15.1% on that price valuation, ranking it 172nd on the JSE in terms of year-to-date performance. Shareholders can be optimistic about ASHEQF knowing the stock has accrued 5% over the past four-week period—97th best on JSE.
Ashburton Global 1200 FOF ETF is the 285th most traded stock on the Johannesburg Stock Exchange over the past three months (Apr 28 - Jul 26, 2021). ASHEQF has traded a total volume of 1.69 million shares—in 1,522 deals—valued at ZAR 103 million over the period, with an average of 26,759 traded shares per session. A volume high of 248,003 was achieved on April 28th, and a low of 874 on June 14th, for the same period. 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 Services industry.
|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 Mid Cap ETF (+14.75%), Ashburton Top 40 ETF (+14.3%), Ashburton Inflation ETF (+6.4%) and Ashburton World GovB ETF (-3.51%) 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||1.97B||16.00||+65.5%|
|ARA||Astoria Investments Ltd||221M||3.90||+62.5%|
|SBP||Sabvest Capital Limited||1.86B||45.25||+52.1%|
|YYLBEE||YeboYethu (RF) Ltd||2.3B||43.46||+24.1%|
|ETFGRE||1nvest Global REIT ETF||130M||21.30||+22.1%|
|NFEVAL||NF Equity Value ETF||178M||10.15||+21.7%|
|STXRAF||Satrix RAFI 40 Portfolio||1.01B||17.36||+21.4%|
|GLPROP||CoreShares S&P Global Property ETF||521M||43.33||+21.1%|
|STXRES||Satrix RESI ETF Portfolio||1.05B||70.71||+20.7%|
|ETF500||1nvest S&P 500 Index ETF||76.1M||331.20||+20.1%|