ETF > PRODUCT DETAIL
SOUTH AFRICA
NAV Price |
as at 28 Feb 2023 |
R 74.33 |
Change (1 day) |
R -0.50 (-0.67%) |
This is the price of one unit in the fund based on the value of its underlying investment.
Transaction costs apply
Ongoing charges include management fees and costs we incur to run the fund.
Transaction costs are incurred when the funds buy or sell holdings and includes expenses such as broker commissions
The primary objective of the ETF is to track and replicate a rule driven, market liquidity-based index, which aims to outperform traditional market cap weighted comparatives. The ETF is designed to give investors rand-denominated exposure to a Portfolio of global listed property stocks selected from the America, Asia Pacific and EMEA regions. Stocks are selected based on pure property fundamentals, price momentum and trading volumes measured in USD over a twelve-month trading period. The Index is created and maintained by Global Property Research (GPR), a registered Benchmark Administrator under the European Benchmarks Regulation (BMR) based in Amsterdam, The Netherlands. The construction of the Reitway Global Property Index is based on the premise that the larger and more liquid property stocks tend to follow the General Equity sentiment as opposed to pure property fundamentals.
Reitway Global Property Index
The Index is created and maintained by Global Property Research (GPR), a registered Benchmark Administrator under the European Benchmarks Regulation (BMR) based in Amsterdam, The Netherlands.
as at date:
Source: Absa Corporate and Investment Bank
Disclosure: The investment performance represented is for illustrative purposes only and is calculated by taking into account JSE closing prices. Past performance is not indicative of future performance. An individual investor's performance may differ from the Portfolio NAV performance displayed as a result of factors such as any fees, brokerage, actual investment date, DWT and other costs.
| Launch Date | 26 May 2021 |
|---|---|
| Domicile | South Africa |
| Currency | ZAR |
| Issuer | NewFunds CIS |
| Manager | NewFunds (RF) (Pty) Ltd |
| Trustees | Standard Chartered Bank |
| Market Maker | Jane Street Financial Limited |
| Stock Exchange | JSE |
| Exchange Code | NEWPRP |
| ISIN | ZAE000296752 |
| Bloomberg Code | NEWPRP SJ Equity |
| RIC Code |