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 | |
|---|---|
| Opening Price | |
| Day’s Low Price | 1,900.00 |
| Day’s High Price | 2,000.15 |
| Traded Volume | 84 |
| Number of Deals | 10 |
| Gross Turnover | 163,256.02 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 185,905 |
| Market Capitalization | 357M |
ETFRHO Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -1.99% | +5.32% | -27% |
| 6MO | 1YR | YTD |
|---|---|---|
| -49.9% | -15.3% | -18.3% |
The current share price of 1nvest Rhodium ETF (ETFRHO) is ZAR 1,920.00. ETFRHO closed its last trading day (Thursday, October 21, 2021) at 1,920.00 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 3% drop from its previous closing price of 1,980.35 ZAR. 1nvest Rhodium ETF began the year with a share price of 2,351.23 ZAR but has since lost 18.3% off that price valuation, ranking it 393rd on the JSE in terms of year-to-date performance. Shareholders’ fears may be allayed by the 5% increase of ETFRHO share price since September 22nd, which is 123rd best on JSE.
1nvest Rhodium ETF is the 381st most traded stock on the Johannesburg Stock Exchange over the past three months (Jul 23 - Oct 21, 2021). ETFRHO has traded a total volume of 73,521 shares—in 1,562 deals—valued at ZAR 145 million over the period, with an average of 1,167 traded shares per session. A volume high of 16,566 was achieved on October 5th, and a low of 14 on August 4th, for the same period. 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% |
|---|---|---|---|---|
| 2021-10-21 | 84 | 1,920.00 | -60.35 | -3.05% |
| 2021-10-20 | 335 | 1,980.35 | +57.85 | +3.01% |
| 2021-10-19 | 582 | 1,922.50 | -0.99 | -0.05% |
| 2021-10-18 | 87 | 1,923.49 | -19.29 | -0.99% |
| 2021-10-15 | 26 | 1,942.78 | -16.13 | -0.82% |
| 2021-10-14 | 54 | 1,958.91 | +41.44 | +2.16% |
| 2021-10-13 | 10,525 | 1,917.47 | -100.53 | -4.98% |
| 2021-10-12 | 95 | 2,018.00 | +86.35 | +4.47% |
| 2021-10-11 | 239 | 1,931.65 | +7.01 | +0.36% |
| 2021-10-08 | 251 | 1,924.64 |
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 | |
|---|---|
| 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 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.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| 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% |
| HUL | Hulisani Limited | 208M | 4.16 | +66.4% |
| 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% |
