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.

NFGOVI74.01 ▴ 0.01 (0.01%)
7 hours ago
Last Trading ResultsGrowth & Valuation
Opening Price:--Earnings Per Share:--
Day's Low Price:73.85Price/Earning Ratio:--
Day's High Price:74.49Dividend Per Share:--
Traded Volume:53,230Dividend Yield:--
Number of Deals:34Shares Outstanding:33.92m
Value/Turnover:3.95mMarket Capitalization:2.51b
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

NFGOVI Stock Market Performance

1WK4WK3MO6MO1YRYTD
+0.53%+2.58%+0.27%+7.01%+17.10%+0.97%

The current share price of NewFunds GOVI ETF (NFGOVI) is ZAR 74.01. The NFGOVI stock closed its last trading day (Wednesday, May 5, 2021) at 74.01 ZAR per share on the Johannesburg Stock Exchange, recording a 0.01% gain over its previous closing price of 74.00 ZAR. NFGOVI began the year with a share price of 73.30 ZAR and has since gained 0.97% on that price valuation, ranking it 298th 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.

DateVolumeCloseChangeChange%
2021-05-0553,23074.01+0.010.01%
2021-05-0452,57674.00+0.881.20%
2021-05-03109,85173.12-0.110.15%
2021-04-30124,06773.23----
2021-04-2994,78473.23-0.390.53%
2021-04-28279,97373.62-0.110.15%
2021-04-26122,99773.73+0.180.24%
2021-04-2352,63273.55-0.640.86%
2021-04-2249,47074.19+0.290.39%
2021-04-2165,76473.90----

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

NFGOVI Industrial Market Competitors

NewFunds (Pty) Limited, issuers of the NFGOVI, NEWFUNDS SHARIA TOP40 (+19.2%), NF Equity Value ETF (+15.83%), NF VM High Growth EQETF (+9.29%), Newfunds MAPPS Growth (+9.11%), NEWFUNDS EQUITY MOM ETF (+8.89%), NewFunds S&P GIVI SA T50 (+7.55%), Newfunds MAPPS Protect (+6.73%), NEWFUNDS ILBI ETF (+5.65%), NF VM Moderate Equity ETF (+5.53%) and NF Low Volatility ETF (+5.35%) 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.

CodeNameMkt. Cap.L. PriceYearTD
SBPSabvest Capital Limited2.09b50.86+71.0%
ARAAstoria Investments Ltd232.19m4.09+70.4%
ETFRHO1nvest Rhodium ETF1.20b3,835.50+63.1%
MTNZFMTN Zakhele Futhi1.85b15.00+55.1%
TMTTrematon Capital Inv Ltd628.81m3.00+26.1%
STXRESSatrix RESI ETF Portfolio887.81m72.25+23.3%
ETFPLD1nvest Palladium ETF1.02b415.30+22.6%
NGPLDNewGold Palladium ETF1.17b414.00+22.3%
CSPROPCoreShares SA Property Income249.20m10.28+17.9%
4SI4Sight Holdings Limited217.75m0.33+17.9%

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Stock 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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