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.
|Live Trading Feed|
|Day’s Low Price||83.49|
|Day’s High Price||83.49|
|Number of Deals||1|
|Growth & Valuation|
|Earnings Per Share|
|Dividend Per Share|
NEWPRP Stock Market Performance
The current share price of Newfunds Reitway Global Property (NEWPRP) is ZAR 83.49. NEWPRP closed its last trading day (Wednesday, January 26, 2022) at 84.31 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1.5% gain over its previous closing price of 83.03 ZAR. Newfunds Reitway Global Property began the year with a share price of 93.29 ZAR but has since lost 9.63% off that price valuation, ranking it 307th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that NEWPRP has lost 8% of the stock’s value from December 28th to date.
Newfunds Reitway Global Property is the 315th most traded stock on the Johannesburg Stock Exchange over the past three months (Oct 26, 2021 - Jan 26, 2022). NEWPRP has traded a total volume of 750,143 shares—in 149 deals—valued at ZAR 68.1 million over the period, with an average of 11,907 traded shares per session. A volume high of 75,904 was achieved on January 17th 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.
Profile of NewFunds (Pty) Limited
NewFunds (Pty) Limited operates in the Financials sector, specifically, the Investment Services industry.
Factsheet of NewFunds (Pty) Limited
- Investment Services
- 15 Allice Lane, Sandon 2196, South Africa
- +27-11-895-5517, +27-11-895-6852
NEWPRP Industrial Market Competitors
NewFunds (Pty) Limited, issuers of the NEWPRP (ISIN: ZAE000296752), NEWFUNDS SHARIA TOP40 (+4.5%), NF Equity Value ETF (+1.37%), NewFunds GOVI ETF (+1.17%), NewFunds S&P GIVI SA T50 (+1.15%), Newfunds MAPPS Growth (+0.9%), NF VM Moderate Equity ETF (+0.87%), NFNAM 10 Bonds (+0.24%), NEWFUNDS TRACI 3-M ETF (+0.24%), NF VM Defensive EquityETF (+0.19%) and Newfunds MAPPS Protect (+0.07%) 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.
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|RHB||RH Bophelo Limited||380M||5.88||+17.6%|
|NGPLD||NewGold Palladium ETF||419M||341.88||+14.4%|
|ETFPLD||1nvest Palladium ETF||1.08B||341.61||+14.3%|
|ETFRHO||1nvest Rhodium ETF||430M||2,340.00||+11.5%|
|STXRES||Satrix RESI ETF Portfolio||1.01B||76.89||+6.5%|
|NGPLT||NewGold Platinum ETF||7.46B||154.44||+4.65%|
|4SI||4Sight Holdings Limited||152M||0.23||+4.55%|
|ETFPLT||1nvest Platinum ETF||2.75B||155.77||+4.51%|
|BRN||Brimstone Inv Corp Ltd-N||1.79B||6.75||+4.01%|