NFGOVI - NewFunds GOVI ETF
The NewFunds GOVI Exchange Traded Fund (NFGOVI ETF) is a reinvesting ETF portfolio in the NewFunds Collective Investment Scheme, registered under the Collective Investment Schemes Control Act, 45 of 2002 and managed by NewFunds (RF) Proprietary Limited. The NFGOVI ETF tracks the FTSE/JSE GOVI Index, an index consisting of the top 10 bonds issued by the South African Government. The NFGOVI ETF seeks to provide investors with ample exposure to the top 10 RSA Government Bonds as is determined and calculated daily.
The NF GOVI portfolio declares a notional distribution to unitholders monthly, and reinvests the value of the notional distribution (which consists primarily of coupons and interest received from the underlying bonds issuers) into constituent securities of the GOVI Index. Such coupons and interest in respect of the distribution does not incur dividends tax as they are not considered as dividends. However, unitholders will be liable for income tax at their marginal rate of tax on the coupons and interest declared and deemed to have been received.
|Live Trading Feed||Growth & Valuation|
|Opening Price:||71.25||Earnings Per Share:||--|
|Day's Low Price:||71.06||Price/Earning Ratio:||--|
|Day's High Price:||71.46||Dividend Per Share:||--|
|Traded Volume:||178,280||Dividend Yield:||--|
|Number of Deals:||20||Shares Outstanding:||31.92m|
NFGOVI Stock Market Performance
The current share price of NewFunds GOVI ETF (NFGOVI) is ZAR 71.20. The NFGOVI stock closed its last trading day (Wednesday, December 2, 2020) at 71.20 ZAR per share on the Johannesburg Stock Exchange, recording a 0.24% drop from its previous closing price of 71.37 ZAR. NFGOVI began the year with a share price of 67.38 ZAR and has since gained 5.67% on that price valuation, ranking it 116th on the JSE in terms of year-to-date performance. The table below details the last 10 trading days of activity of NewFunds GOVI ETF on the Johannesburg Stock Exchange.
Profile of NewFunds (Pty) Limited
NewFunds (Pty) Limited operates in the Financials sector, specifically, the Investment Instruments 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|
15 Allice Lane, Sandon 2196, South Africa
NFGOVI Industrial Market Competitors
NewFunds (Pty) Limited, issuers of the NFGOVI, NFNAM 10 Bonds (+10.98%), NEWFUNDS TRACI 3-M ETF (+4.79%), Newfunds MAPPS Growth (+3.64%), Newfunds MAPPS Protect (+2.82%), NF VM Defensive EquityETF (+1.47%), NEWFUNDS SHARIA TOP40 (-0.3%), NEWFUNDS ILBI ETF (-1.14%), NEWFUNDS EQUITY MOM ETF (-5.86%), NewFunds S&P GIVI SA T50 (-9.04%) and NF VM Moderate Equity ETF (-12.21%) stocks on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Investment Instruments 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|
|ETFRHO||1nvest Rhodium ETF||1.04b||2,323.72||+183.8%|
|YYLBEE||YeboYethu (RF) Ltd||1.80b||34.00||+95.4%|
|STXNDQ||Satrix Nasdaq 100 Prtf||1.88b||107.31||+56.1%|
|ETF5IT||1nvest S&P 500 IT ETF||326.48m||11.92||+47.9%|
|ZCL||Zarclear Holdings Ltd||1.36b||6.00||+41.5%|
|NGPLD||NewGold Palladium ETF||715.99m||358.05||+35.9%|
|ETFPLD||1nvest Palladium ETF||1.42b||357.22||+35.6%|
|ETFGLD||1nvest Gold ETF||3.08b||273.71||+30.4%|
|GLD||New Gold Issuer Limited||20.54b||262.01||+30.3%|
|STX500||Satrix S&P 500 Feeder||1.39b||56.82||+26.1%|