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 143 million, which is about 0.0007% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 74.69 |
| Day’s High Price | 74.69 |
| Traded Volume | 33 |
| Number of Deals | 1 |
| Gross Turnover | 2,464.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 1.93M |
| Market Capitalization | 143M |
NEWPRP Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +2.62% | -2.5% | -9.83% |
| 6MO | 1YR | YTD |
|---|---|---|
| -20% | +0.75% | -20.5% |
The current share price of Newfunds Reitway Global Property (NEWPRP) is ZAR 74.69. NEWPRP closed its last trading day (Friday, July 1, 2022) at 74.14 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1.5% gain over its previous closing price of 73.05 ZAR. Newfunds Reitway Global Property began the year with a share price of 93.29 ZAR but has since lost 20.5% off that price valuation, ranking it 327th on the JSE in terms of year-to-date performance.
Newfunds Reitway Global Property is the 329th most traded stock on the Johannesburg Stock Exchange over the past three months (Mar 30 - Jul 1, 2022). NEWPRP has traded a total volume of 405,738 shares—in 155 deals—valued at ZAR 31.9 million over the period, with an average of 6,440 traded shares per session. A volume high of 144,605 was achieved on May 3rd 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% |
|---|---|---|---|---|
| 2022-07-01 | 523 | 74.14 | +1.09 | +1.49% |
| 2022-06-30 | 236 | 73.05 | -1.63 | -2.18% |
| 2022-06-28 | 428 | 74.68 | +1.64 | +2.25% |
| 2022-06-27 | 5 | 73.04 | +0.79 | +1.09% |
| 2022-06-24 | 160 | 72.25 | +0.95 | +1.33% |
| 2022-06-23 | 678 | 71.30 | +0.45 | +0.64% |
| 2022-06-22 | 273 | 70.85 | +0.40 | +0.57% |
| 2022-06-21 | 23 | 70.45 | -0.50 | -0.70% |
| 2022-06-20 | 1,025 | 70.95 | +1.33 | +1.91% |
| 2022-06-17 | 727 | 69.62 |
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, NEWFUNDS ILBI ETF (+3.32%), NEWFUNDS TRACI 3-M ETF (+2.13%), NFNAM 10 Bonds (+1.33%), NF Equity Value ETF (-1.11%), Newfunds MAPPS Protect (-1.25%), NF VM Defensive EquityETF (-2.14%), NewFunds S&P GIVI SA T50 (-2.27%), NewFunds GOVI ETF (-3.56%), NF VM Moderate Equity ETF (-3.76%) and Newfunds MAPPS Growth (-4.1%) 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 |
|---|---|---|---|---|
| RACP | RECM and Calibre Limited | 716M | 14.00 | +27.3% |
| SYGCN | Sygnia Itrix New China Sectors ETF | 212M | 33.95 | +20.8% |
| SBP | Sabvest Capital Limited | 2.91B | 73.50 | +20.5% |
| EPE | EPE Capital Partners Ltd | 1.64B | 5.72 | +13% |
| BRT | Brimstone Inv Corp Ltd | 1.86B | 7.04 | +11.8% |
| STXHLT | Satrix Healthcare Innovation ETF | 22M | 58.47 | +5.77% |
| NGPLD | NewGold Palladium ETF | 476M | 311.95 | +4.39% |
| ETFPLD | 1nvest Palladium ETF | 160M | 311.38 | +4.18% |
| PREFTX | CoreShares Preftrax ETF | 416M | 10.25 | +4.17% |
| STXILB | Satrix ILBI Portfolio | 454M | 7.20 | +3.6% |