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.
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| Traded Volume | 0 |
| Number of Deals | 0 |
| Gross Turnover | 0.00 |
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| Shares Outstanding | 1.93M |
| Market Capitalization | 151M |
NEWPRP Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +3.13% | -3.53% | +6.8% |
| 6MO | 1YR | YTD |
|---|---|---|
| +13.2% | +13.2% | +13.2% |
The current share price of Newfunds Reitway Global Property (NEWPRP) is ZAR 78.36. NEWPRP closed its last trading day (Monday, September 20, 2021) at 78.36 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1.1% gain over its previous closing price of 77.54 ZAR. Newfunds Reitway Global Property closed its IPO day (May 26, 2021) with a share price of 69.22 ZAR and has since gained 13.2% on that price valuation, ranking it 196th on the JSE in terms of year-to-date performance.
Newfunds Reitway Global Property is the 366th most traded stock on the Johannesburg Stock Exchange over the past three months (Jun 23 - Sep 20, 2021). NEWPRP has traded a total volume of 182,165 shares—in 122 deals—valued at ZAR 14.1 million over the period, with an average of 2,892 traded shares per session. A volume high of 81,776 was achieved on August 10th 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% |
|---|---|---|---|---|
| 2021-09-20 | 1,744 | 78.36 | +0.82 | +1.06% |
| 2021-09-15 | 761 | 77.54 | +0.83 | +1.08% |
| 2021-09-14 | 1,862 | 76.71 | +0.73 | +0.96% |
| 2021-09-13 | 3,251 | 75.98 | +0.22 | +0.29% |
| 2021-09-10 | 144 | 75.76 | -2.21 | -2.83% |
| 2021-09-08 | 1,846 | 77.97 | -0.50 | -0.64% |
| 2021-09-07 | 365 | 78.47 | -1.03 | -1.30% |
| 2021-09-06 | 1,658 | 79.50 | +0.50 | +0.63% |
| 2021-09-03 | 954 | 79.00 | -0.60 | -0.75% |
| 2021-09-02 | 61 | 79.60 |
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 | |
| Email: etf@absacapital.com | Website: www.absacapitaletfs.com |
NEWPRP Industrial Market Competitors
NewFunds (Pty) Limited, issuers of the NEWPRP, NF Equity Value ETF (+23.38%), NF VM High Growth EQETF (+13.06%), NEWFUNDS ILBI ETF (+9.62%), NEWFUNDS EQUITY MOM ETF (+8.77%), NF Low Volatility ETF (+7.4%), NF VM Moderate Equity ETF (+5.31%), NewFunds GOVI ETF (+5.29%), Newfunds MAPPS Protect (+5.12%), NFNAM 10 Bonds (+4.06%) and NF VM Defensive EquityETF (+3.98%) 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 | 2.72B | 22.00 | +128% |
| HUL | Hulisani Limited | 264M | 5.27 | +111% |
| ARA | Astoria Investments Ltd | 241M | 4.25 | +77.1% |
| SBP | Sabvest Capital Limited | 2.11B | 51.50 | +73.1% |
| YYLBEE | YeboYethu (RF) Ltd | 2.39B | 45.23 | +29.2% |
| SCP | Stellar Cap Partners Ltd | 858M | 0.94 | +25.3% |
| ETFGRE | 1nvest Global REIT ETF | 129M | 21.02 | +20.5% |
| GLPROP | CoreShares S&P Global Property ETF | 525M | 42.98 | +20.2% |
| ETF500 | 1nvest S&P 500 Index ETF | 81.8M | 327.16 | +18.6% |
| STX500 | Satrix S&P 500 Feeder | 2.03B | 65.69 | +18.4% |