NewFunds Low Volatility Equity ETF
South African--Equity--General
Focus and Objective The NewFunds Low Volatility Equity ETF ("the Portfolio") is aimed at providing an Investor with diversified exposure to 20 highly liquid constituent securities in the South African equity market that exhibit the lowest volatility as well as a low beta to the market in their performance by tracking the Absa Wits Risk-Controlled SA Low Volatility Index ("the Low Volatility Index"), where the constituent security's weights in the Low Volatility Index is determined by applying an equal risk contribution weighting scheme. The Low Volatility Index was created by Absa Bank Limited ("Absa") in collaboration with Wits University using their Findata@WitsŪ database. The ETF is total return in nature therefore all dividends and income received in the Portfolio is reinvested at each income distribution date. Management NewFunds (Pty) Ltd.   Comparative Performance     Technical Overview Formation Date: 26 Mar 2018 JSE Code: NFEVOL Benchmark: Absa Wits Risk-Controlled SA Low Volatility Index Holdings: n/a Unit Holders: n/a Original Price: n/a Pricing System: Forward Income Decl: 31/03,30/06,30/09,31/12 Minimum Lump Sum: n/a Minimum Monthly: n/a   Dividend Yield Vertical lines represent dividends.   Dividend History (last 3 years) 22 Jan 2019 13.22c 30 Sep 2018 9.21c Fees TER (31 Mar 2020): 0.51% Perf Fee TER (31 Mar 2020): 0% Annual: 0.58% Performance: n/a   Top Holdings on 31 Mar 2020 Share No Units Value (Rm) % of Fund BATS 11 844 7.09 7.93% FORTRESSA 630 461 6.37 7.12% RICHEMONT 63 615 6.16 6.89% AB INBEV 7 384 5.83 6.53% BHP 21 034 5.69 6.36% Totals   31.14 34.84%   Asset Allocation   Sectoral Breakdown NewFunds Low Volatility Equity ETF Price   Performance to 2 Jul 2020 R1 000 Lumpsum (NAV-NAV Incl. Dividends) Period Return Value(R) Inflation(R) 3 Months 10.18% 1 101.80 1 012.60 6 Months -22.04% 779.60 1 031.20 1 Year -17.71% 822.90 1 044.00   R100 per Month (NAV-NAV Incl. Dividends) Period Return Value(R) Inflation(R) 3 Months 4.88% 309.86 303.48 6 Months -1.62% 594.37 610.95 1 Year -20.53% 1 074.56 1 233.11 * Values for periods greater than one year are annualised   Back to Top ProfileData has taken care in preparing this information but does not accept any liability for errors or out-of-date information. [  © Copyright Reserved 2020  ]