ETFPLD - 1nvest Palladium ETF
The 1nvest Palladium ETF (ETFPLD) is a palladium-linked exchange-traded fund evidenced by debentures issued by 1nvest ETF Issuer (RF) Limited. The aim of ETFPLD is to provide investors exposure linked to the rand performance of the underlying commodity of palladium. ETFPLD is fully backed by the physical commodity, approximately equivalent to 1/100 ounces of palladium and the value of the ETF is expected to rise or fall in accordance with the fluctuations in the rand price of the commodity. The 1nvest Palladium ETF is inward listed but classified as a domestic investment; as such, investment in the instrument does not affect the relative foreign exposure limits applicable to institutional investors and authorized dealers.
1nvest ETF Issuer (RF) Limited is a special purpose vehicle, which in terms of its Memorandum of Incorporation, has the sole purpose of conducting the business of exchange-traded funds by issuing debentures which are fully backed by the applicable physical commodity. The company is managed by Standard Bank of South Africa Limited, with Maitland Group South Africa Limited acting as an independent fund manager. However, in order to meet its operating expenses, 1nvest charges an annual fee of 0.35% (excluding VAT) of the value of the palladium held in custody.
|Last Trading Results|
|Day’s Low Price||280.60|
|Day’s High Price||293.12|
|Number of Deals||7|
|Growth & Valuation|
|Earnings Per Share|
|Dividend Per Share|
ETFPLD Stock Market Performance
The current share price of 1nvest Palladium ETF (ETFPLD) is ZAR 285.14. ETFPLD closed its last trading day (Thursday, October 21, 2021) at 285.14 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1% drop from its previous closing price of 287.89 ZAR. 1nvest Palladium ETF began the year with a share price of 338.86 ZAR but has since lost 15.9% off that price valuation, ranking it 388th on the JSE in terms of year-to-date performance.
1nvest Palladium ETF is the 352nd most traded stock on the Johannesburg Stock Exchange over the past three months (Jul 23 - Oct 21, 2021). ETFPLD has traded a total volume of 311,330 shares—in 372 deals—valued at ZAR 103 million over the period, with an average of 4,942 traded shares per session. A volume high of 64,800 was achieved on September 2nd, and a low of 1 on September 10th, for the same period. The table below details the last 10 trading days of activity of 1nvest Palladium ETF on the Johannesburg Stock Exchange.
Profile of 1nvest ETF Issuer (RF) Limited
1nvest ETF Issuer (RF) Limited operates in the Financials sector, specifically, the Investment Services industry.
|Factsheet of 1nvest ETF Issuer (RF) Limited|
17 Melrose Boulevard, Melrose Arch 2196, Johannesburg, South Africa
ETFPLD Industrial Market Competitors
1nvest ETF Issuer (RF) Limited, issuers of the ETFPLD, 1nvest Global REIT ETF (+22.58%), 1nvest S&P 500 Index ETF (+21.77%), 1nvest S&P 500 IT ETF (+20.38%), 1nvest MSCI World ETF (+17.77%), 1nvest SA Property ETF (+15.77%), 1nvest TOP 40 ETF (+9.31%), 1nvest SWIX 40 ETF (+6.9%), 1nvest SA Bond ETF (+4.91%), 1nvest Platinum ETF (-3.26%) and 1nvest Gold ETF (-6.99%) 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||4.01B||32.50||+236%|
|ARA||Astoria Investments Ltd||281M||4.95||+106%|
|SBP||Sabvest Capital Limited||2.21B||53.90||+81.2%|
|YYLBEE||YeboYethu (RF) Ltd||2.55B||48.10||+37.4%|
|NFEVAL||NF Equity Value ETF||254M||10.94||+31.2%|
|TMT||Trematon Capital Inv Ltd||628M||3.00||+26.1%|
|STXRAF||Satrix RAFI 40 Portfolio||1.04B||17.82||+24.6%|
|SCP||Stellar Cap Partners Ltd||849M||0.93||+24%|
|GLPROP||CoreShares S&P Global Property ETF||547M||43.69||+22.1%|