NEWPRP - Newfunds Reitway Global Property
The Newfunds Reitway Global Property ETF (JSE: NEWPRP) is a portfolio under the NewFunds Collective Investment Scheme in Securities managed by NewFunds (RF) Proprietary Limited. The NEWPRP ETF aims to allow investors gain exposure to the securities of eligible listed property companies in the Americas, Asia Pacific, Europe, Middle East, and Africa regions. This objective is to be achieved by replicating and tracking the GPR Reitway Global Property Index, a rule driven, market liquidity-based index, which aims to outperform traditional market cap weighted comparatives. NEWPRP replicates the index in ZAR terms and distributes quarterly.
The GPR Reitway Global Property Index is maintained by Global Property Research B.V. in collaboration with Reitway Global (Pty) Ltd. The construction of the index is premised on the fact that the larger and more liquid property equities tend to track the General Equity sentiment and so, the individual price performances follow this trend, rather than the prevailing property fundamentals over certain periods of time. The Reitway Global Property Index therefore entails a methodology that (1) mechanically adjusts exposure to property stocks where general equity momentum has an impact on pricing and (2) selects a basket size based on momentum criteria – this, in order to enhance performance.
Newfunds Reitway Global Property is listed on the Johannesburg Stock Exchange (JSE) since May 26th, 2021. Newfunds Reitway Global Property is traded on the JSE under the ticker symbol “NEWPRP”. The International Securities Identification Number (ISIN) of JSE:NEWPRP is ZAE000296752. Newfunds Reitway Global Property is currently the 364th most valuable stock on the JSE with a market capitalization of ZAR 132 million, which is about 0.0006% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
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| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 0 |
| Number of Deals | 0 |
| Gross Turnover | 0.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 1.93M |
| Market Capitalization | 132M |
NEWPRP Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -0.83% | -3.94% | -12.1% |
| 6MO | 1YR | YTD |
|---|---|---|
| -10.4% | -25.3% | -26.7% |
The current share price of Newfunds Reitway Global Property (NEWPRP) is ZAR 68.34. NEWPRP closed its last trading day (Tuesday, November 29, 2022) at 68.43 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 2% drop from its previous closing price of 69.85 ZAR. Newfunds Reitway Global Property began the year with a share price of 93.29 ZAR but has since lost 26.7% off that price valuation, ranking it 340th on the JSE in terms of year-to-date performance.
Newfunds Reitway Global Property is the 354th most traded stock on the Johannesburg Stock Exchange over the past three months (Sep 2 - Nov 30, 2022). NEWPRP has traded a total volume of 60,969 shares—in 71 deals—valued at ZAR 4.32 million over the period, with an average of 968 traded shares per session. A volume high of 20,001 was achieved on November 25th for the same period. The table below details the last 10 trading days of activity of Newfunds Reitway Global Property on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2022-11-29 | 75 | 68.43 | -1.42 | -2.03% |
| 2022-11-25 | 20,001 | 69.85 | +0.01 | +0.01% |
| 2022-11-22 | 30 | 69.84 | +1.22 | +1.78% |
| 2022-11-17 | 5,384 | 68.62 | -0.77 | -1.11% |
| 2022-11-16 | 1,000 | 69.39 | -0.40 | -0.57% |
| 2022-11-15 | 2,888 | 69.79 | -0.48 | -0.68% |
| 2022-11-14 | 849 | 70.27 | -0.84 | -1.18% |
| 2022-11-11 | 1,242 | 71.11 | +3.11 | +4.57% |
| 2022-11-09 | 5,742 | 68.00 | -0.26 | -0.38% |
| 2022-11-08 | 729 | 68.26 |
Profile of NewFunds (Pty) Limited
NewFunds (Pty) Limited operates in the Financials sector, specifically, the Investment Services industry.
Factsheet of NewFunds (Pty) Limited
- Sector
- Financials
- Industry
- Investment Services
- Address
- 15 Allice Lane, Sandon 2196, South Africa
- Telephone
- +27-11-895-5517, +27-11-895-6852
- etf@absacapital.com
- Website
- www.absacapitaletfs.com
NEWPRP Industrial Market Competitors
NewFunds (Pty) Limited, issuers of the NEWPRP, NF Equity Value ETF (+14.54%), NewFunds S&P GIVI SA T50 (+11.38%), NFNAM 10 Bonds (+6.59%), Newfunds MAPPS Growth (+5.99%), Newfunds MAPPS Protect (+4.51%), NEWFUNDS TRACI 3-M ETF (+4.43%), NF VM Moderate Equity ETF (+3.86%), NF VM High Growth EQETF (+3.85%), NF Low Volatility ETF (+3.83%) and NEWFUNDS SHARIA TOP40 (+2.61%) 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 |
|---|---|---|---|---|
| ARA | Astoria Investments Ltd | 420M | 7.50 | +50% |
| SBP | Sabvest Capital Limited | 3.26B | 82.51 | +35.3% |
| RACP | RECM and Calibre Limited | 721M | 14.51 | +31.9% |
| 4SI | 4Sight Holdings Limited | 178M | 0.27 | +22.7% |
| STXNDA | Satrix MSCI India Feeder ETF | 193M | 64.39 | +18.8% |
| STXHLT | Satrix Healthcare Innovation ETF | 30.2M | 63.40 | +14.7% |
| NGPLT | NewGold Platinum ETF | 6.19B | 168.30 | +14% |
| ETFPLT | 1nvest Platinum ETF | 1.94B | 169.39 | +13.7% |
| STXRAF | Satrix RAFI 40 Portfolio | 1.29B | 22.30 | +11.7% |
| STXFIN | Satrix FINI Portfolio | 1.1B | 16.53 | +10.5% |