African Stock Exchanges

NFGOVI - NewFunds GOVI ETF

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NFGOVI share price on Johannesburg Stock ExchangeNFGOVI share price on Johannesburg Stock Exchange

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.

NewFunds GOVI ETF is listed on the Johannesburg Stock Exchange (JSE). NewFunds GOVI ETF is traded on the JSE under the ticker symbol “NFGOVI”. The International Securities Identification Number (ISIN) of JSE:NFGOVI is ZAE000161949. NewFunds GOVI ETF is currently the 170th most valuable stock on the JSE with a market capitalization of ZAR 3.41 billion, which makes about 0.018% of the Johannesburg Stock Exchange equity market.

NFGOVI74.98 ▾ 0.20 (0.27%)
11 minutes ago
Last Trading Results
Opening Price
Day’s Low Price74.87
Day’s High Price75.59
Traded Volume9,898
Number of Deals29
Gross Turnover743,713.00
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding45.4M
Market Capitalization3.41B
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

NFGOVI Stock Market Performance

1WK4WK3MO
+0.98%-1.03%-0.61%
6MO1YRYTD
-6.34%-1.66%-4.46%

The current share price of NewFunds GOVI ETF (NFGOVI) is ZAR 74.98. NFGOVI closed its last trading day (Wednesday, October 5, 2022) at 75.18 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.2% drop from its previous closing price of 75.34 ZAR. NewFunds GOVI ETF began the year with a share price of 78.69 ZAR but has since lost 4.46% off that price valuation, ranking it 176th on the JSE in terms of year-to-date performance.

NewFunds GOVI ETF is the 178th most traded stock on the Johannesburg Stock Exchange over the past three months (Jul 8 - Oct 5, 2022). NFGOVI has traded a total volume of 8.13 million shares—in 5,489 deals—valued at ZAR 615 million over the period, with an average of 129,089 traded shares per session. A volume high of 578,068 was achieved on August 2nd, and a low of 4,046 on September 7th, for the same period. The table below details the last 10 trading days of activity of NewFunds GOVI ETF on the Johannesburg Stock Exchange.

DateVolumeCloseChangeChange%
2022-10-0534,83875.18-0.16-0.21%
2022-10-0457,35175.34+0.75+1.01%
2022-10-0372,82774.59+0.14+0.19%
2022-09-3065,75374.45+0.37+0.50%
2022-09-29109,75974.08-0.37-0.50%
2022-09-2896,89574.45-0.56-0.75%
2022-09-27103,05675.01+0.63+0.85%
2022-09-26183,95174.38-0.82-1.09%
2022-09-23122,28075.20-0.77-1.01%
2022-09-2267,13575.97

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

NFGOVI Industrial Market Competitors

NewFunds (Pty) Limited, issuers of the NFGOVI, NF Equity Value ETF (+5.82%), NFNAM 10 Bonds (+3.87%), NEWFUNDS TRACI 3-M ETF (+3.46%), NEWFUNDS ILBI ETF (+2.99%), NewFunds S&P GIVI SA T50 (-0.74%), Newfunds MAPPS Protect (-1.28%), NF VM Defensive EquityETF (-2.05%), NF Low Volatility ETF (-3.03%), NF VM Moderate Equity ETF (-3.38%) and Newfunds MAPPS Growth (-4.44%) 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.


Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Securities Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange

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