ETFRHO - 1nvest Rhodium ETF
The 1nvest Rhodium ETF (ETFRHO) is a rhodium-linked exchange traded fund evidenced by debentures issued by 1nvest ETF Issuer (RF) Limited. The aim of the debentures is to provide investors exposure linked to the rand performance of the underlying commodity being rhodium. The ETFRHO debentures are fully backed by physical rhodium, approximately equivalent to 1/100 ounces of the commodity and the value of which are expected to rise or fall in accordance with fluctuations in the rand price of rhodium. The underlying rhodium of the debentures are held in safe custody on behalf of investors by an approved custodian.
1nvest ETF Issuer (RF) Limited is a special purpose vehicle, the sole purpose of which, in terms of its Memorandum of Incorporation, is to conduct the business of ETFs by issuing debentures, which are fully backed by physical commodity. 1nvest does not have any employees of its own but is managed by The Standard Bank of South Africa Limited which has agreed with the issuer in terms of which Standard Bank will perform the daily functions for 1nvest. However, in order to meet its operating expenses, 1nvest ETF Issuer (RF) Ltd charges an annual fee of 0.75% (excluding VAT) of the value of the underlying rhodium held in custody.
| Last Trading Results | Growth & Valuation | ||
|---|---|---|---|
| Opening Price: | -- | Earnings Per Share: | -- |
| Day's Low Price: | 3,797.20 | Price/Earning Ratio: | -- |
| Day's High Price: | 3,942.00 | Dividend Per Share: | -- |
| Traded Volume: | 542 | Dividend Yield: | -- |
| Number of Deals: | 35 | Shares Outstanding: | 312,205 |
| Value/Turnover: | 2.12m | Market Capitalization: | 1.21b |
ETFRHO Stock Market Performance
| 1WK | 4WK | 3MO | 6MO | 1YR | YTD |
|---|---|---|---|---|---|
| -3.25% | +11.12% | +34.96% | +87.26% | +243.25% | +64.24% |
The current share price of 1nvest Rhodium ETF (ETFRHO) is ZAR 3,861.58. The ETFRHO stock closed its last trading day (Thursday, April 15, 2021) at 3,861.58 ZAR per share on the Johannesburg Stock Exchange, recording a 1.39% drop from its previous closing price of 3,916.15 ZAR. ETFRHO began the year with a share price of 2,351.23 ZAR and has since gained 64.24% on that price valuation, ranking it 28th on the JSE in terms of year-to-date performance. Shareholders will be pleasantly optimistic about ETFRHO knowing that the stock has accrued 11.12% over the past four-week period alone. The table below details the last 10 trading days of activity of 1nvest Rhodium ETF on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2021-04-15 | 542 | 3,861.58 | -54.57 | 1.39% |
| 2021-04-14 | 562 | 3,916.15 | -26.82 | 0.68% |
| 2021-04-13 | 350 | 3,942.97 | -8.21 | 0.21% |
| 2021-04-12 | 217 | 3,951.18 | -58.85 | 1.47% |
| 2021-04-09 | 314 | 4,010.03 | +18.53 | 0.46% |
| 2021-04-08 | 80 | 3,991.50 | +6.49 | 0.16% |
| 2021-04-07 | 144 | 3,985.01 | -11.11 | 0.28% |
| 2021-04-06 | 485 | 3,996.12 | +114.67 | 2.95% |
| 2021-04-01 | 263 | 3,881.45 | +47.51 | 1.24% |
| 2021-03-31 | 1,318 | 3,833.94 | -- | -- |
Profile of 1nvest ETF Issuer (RF) Limited
1nvest ETF Issuer (RF) Limited operates in the Financials sector, specifically, the Investment Services industry. Unfortunately, we do not have information on the company's board of directors and/or key executives at this time.
| Factsheet of 1nvest ETF Issuer (RF) Limited | |
|---|---|
| Sector: Financials | Industry: Investment Services |
| Address: 17 Melrose Boulevard, Melrose Arch 2196, Johannesburg, South Africa | |
| Telephone: +27-11-415-5000, +27-11-448-6000 | |
| Email: info@1nvest.co.za | Website: www.1nvest.co.za |
ETFRHO Industrial Market Competitors
1nvest ETF Issuer (RF) Limited, issuers of the ETFRHO, 1nvest TOP 40 ETF (+14.12%), 1nvest SWIX 40 ETF (+13.53%), 1nvest Palladium ETF (+11.71%), 1nvest Platinum ETF (+8.15%), 1nvest S&P 500 Index ETF (+8.02%), 1nvest SA Property ETF (+7.29%), 1nvest Global REIT ETF (+7.28%), 1nvest MSCI World ETF (+6.53%), 1nvest S&P 500 IT ETF (+5.99%) and 1nvest SA Bond ETF (+1.64%) 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 gives you an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | Mkt. Cap. | L. Price | YearTD |
|---|---|---|---|---|
| SBP | Sabvest Capital Limited | 2.15b | 52.44 | +76.3% |
| MTNZF | MTN Zakhele Futhi | 2.00b | 16.22 | +67.7% |
| 4SI | 4Sight Holdings Limited | 224.35m | 0.34 | +21.4% |
| RACP | RECM and Calibre Limited | 630.89m | 13.31 | +21.0% |
| STXRES | Satrix RESI ETF Portfolio | 870.60m | 70.85 | +20.9% |
| NFSH40 | NEWFUNDS SHARIA TOP40 | 64.17m | 4.12 | +18.1% |
| STXRAF | Satrix RAFI 40 Portfolio | 966.41m | 16.64 | +16.4% |
| NFEVAL | NF Equity Value ETF | 175.99m | 9.66 | +15.8% |
| ASHT40 | Ashburton Top 40 ETF | 1.87b | 62.99 | +15.4% |
| YYLBEE | YeboYethu (RF) Ltd | 2.12b | 40.05 | +14.4% |