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 | Growth & Valuation | ||
|---|---|---|---|
| Opening Price: | 73.19 | Earnings Per Share: | -- |
| Day's Low Price: | 74.45 | Price/Earning Ratio: | -- |
| Day's High Price: | 74.61 | Dividend Per Share: | -- |
| Traded Volume: | 1,483 | Dividend Yield: | -- |
| Number of Deals: | 3 | Shares Outstanding: | 731,339 |
| Value/Turnover: | 110,496.67 | Market Capitalization: | 53.53m |
NEWPRP Stock Market Performance
| 1WK | 4WK | 3MO | 6MO | 1YR | YTD |
|---|---|---|---|---|---|
| +1.53% | +5.74% | +5.74% | +5.74% | +5.74% | +5.74% |
The current share price of Newfunds Reitway Global Property (NEWPRP) is ZAR 73.19. The NEWPRP stock closed its last trading day (Friday, June 18, 2021) at 72.62 ZAR per share on the Johannesburg Stock Exchange, recording a 0.19% gain over its previous closing price of 72.48 ZAR. NEWPRP closed its IPO day (May 26, 2021) with a share price of 69.22 ZAR and has since gained 5.74% on that price valuation, ranking it 247th on the JSE in terms of year-to-date performance. 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% |
|---|---|---|---|---|
| 2021-06-18 | 949 | 72.62 | +0.14 | 0.19% |
| 2021-06-17 | 122 | 72.48 | -0.02 | 0.03% |
| 2021-06-14 | 334 | 72.50 | +0.73 | 1.02% |
| 2021-06-10 | 2,126 | 71.77 | +0.38 | 0.53% |
| 2021-06-08 | 6,482 | 71.39 | +1.31 | 1.87% |
| 2021-06-07 | 1,660 | 70.08 | +0.35 | 0.50% |
| 2021-06-04 | 150 | 69.73 | -0.57 | 0.81% |
| 2021-06-03 | 4,749 | 70.30 | -0.18 | 0.26% |
| 2021-06-02 | 2,393 | 70.48 | +0.64 | 0.92% |
| 2021-06-01 | 1,757 | 69.84 | -- | -- |
Profile of NewFunds (Pty) Limited
NewFunds (Pty) Limited operates in the Financials sector, specifically, the Investment Services industry. Unfortunately, we do not have information on the company's board of directors and/or key executives at this time.
| 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 (+20.86%), NEWFUNDS ILBI ETF (+8.85%), NEWFUNDS EQUITY MOM ETF (+8.66%), Newfunds MAPPS Growth (+7.09%), Newfunds MAPPS Protect (+7.01%), NEWFUNDS SHARIA TOP40 (+6.3%), NF VM High Growth EQETF (+6.24%), NF Low Volatility ETF (+5.92%), NewFunds S&P GIVI SA T50 (+4.7%) and NF VM Moderate Equity ETF (+3.65%) 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 gives you an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | Mkt. Cap. | L. Price | YearTD |
|---|---|---|---|---|
| ARA | Astoria Investments Ltd | 227.08m | 4.00 | +66.7% |
| SBP | Sabvest Capital Limited | 1.95b | 47.60 | +60.0% |
| MTNZF | MTN Zakhele Futhi | 1.83b | 14.86 | +53.7% |
| TMT | Trematon Capital Inv Ltd | 668.63m | 3.19 | +34.0% |
| YYLBEE | YeboYethu (RF) Ltd | 2.33b | 44.00 | +25.7% |
| CSPROP | CoreShares SA Property Income | 249.93m | 10.31 | +18.2% |
| SZK | SAB Zenzele Kabili | 2.43b | 130.00 | +18.2% |
| STXRAF | Satrix RAFI 40 Portfolio | 962.92m | 16.58 | +15.9% |
| ETFGRE | 1nvest Global REIT ETF | 120.55m | 20.11 | +15.2% |
| STXPRO | Satrix Property Portfolio | 222.72m | 9.33 | +15.2% |