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.

NFGOVI71.25 ▪ 0.00
18 minutes ago
Live Trading FeedGrowth & Valuation
Opening Price:71.25Earnings Per Share:--
Day's Low Price:71.06Price/Earning Ratio:--
Day's High Price:71.46Dividend Per Share:--
Traded Volume:178,280Dividend Yield:--
Number of Deals:20Shares Outstanding:31.92m
Value/Turnover:12.71mMarket Capitalization:2.27b
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

NFGOVI Stock Market Performance

1WK4WK3MO6MO1YRYTD
-0.77%+2.99%+3.79%+1.73%+7.37%+5.67%

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.

DateVolumeCloseChangeChange%
2020-12-0278,26071.20-0.170.24%
2020-12-0168,04971.37+0.040.06%
2020-11-30187,40171.33-0.290.40%
2020-11-27151,70971.62-0.210.29%
2020-11-2659,91771.83+0.080.11%
2020-11-2517,34771.75-0.200.28%
2020-11-2488,27071.95+0.290.40%
2020-11-23111,14071.66+0.130.18%
2020-11-2050,12571.53+0.120.17%
2020-11-19172,02771.41----

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
Sector:
Financials
Industry:
Investment Instruments
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, 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.

CodeNameMkt. Cap.L. PriceYearTD
ETFRHO1nvest Rhodium ETF1.04b2,323.72+183.8%
YYLBEEYeboYethu (RF) Ltd1.80b34.00+95.4%
STXNDQSatrix Nasdaq 100 Prtf1.88b107.31+56.1%
ETF5IT1nvest S&P 500 IT ETF326.48m11.92+47.9%
ZCLZarclear Holdings Ltd1.36b6.00+41.5%
NGPLDNewGold Palladium ETF715.99m358.05+35.9%
ETFPLD1nvest Palladium ETF1.42b357.22+35.6%
ETFGLD1nvest Gold ETF3.08b273.71+30.4%
GLDNew Gold Issuer Limited20.54b262.01+30.3%
STX500Satrix S&P 500 Feeder1.39b56.82+26.1%

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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