FNB World Government Bond ETF
Global--Interest Bearing--Variable Term
Focus and Objective The Ashburton World Government Bond ETF provides investors with cost efficient exposure to the global bond market by tracking the Citi World Government Bond Index (WGBI). This will be the first global bond ETF listed locally on the JSE. The WGBI measures the performance of fixed-rate, local currency, investment grade sovereign bonds. It consists of countries that meet specific criteria for market size, credit quality, and barriers to entry. The WGBI is a widely used benchmark that currently comprises sovereign debt from over twenty countries, including the US, UK, Canada, Germany, Japan, Australia and France. The ETF will invest into the underlying bonds directly and not via any synthetic exposures. The ETF will be run on an optimised basis, which takes into account country exposure, maturity bucket exposure, duration and convexity versus the benchmark in order to ensure trading efficiencies are realised. Management Ashburton Fund Managers Ltd.   Comparative Performance     Technical Overview Formation Date: 12 Mar 2018 JSE Code: FNBWGB Benchmark: FTSE World Government Bond 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 Income Pay: 01/04,01/07,01/10,01/01 Minimum Lump Sum: n/a Minimum Monthly: n/a Risk Rating: Medium   Dividend Yield Vertical lines represent dividends.   Dividend History (last 3 years) 21 Nov 2023 2.15c 23 Aug 2023 3.30c 23 May 2023 2.52c 21 Feb 2023 2.27c 22 Nov 2022 2.37c 16 Aug 2022 2.80c 17 May 2022 2.62c 22 Feb 2022 2.86c 16 Nov 2021 3.02c 17 Aug 2021 2.86c 18 May 2021 2.99c 16 Feb 2021 2.49c 17 Nov 2020 4.05c 18 Aug 2020 2.98c 12 May 2020 4.12c 18 Feb 2020 2.35c Fees TER (30 Sep 2023): 0.53% Perf Fee TER (30 Sep 2023): 0% Annual: 0.391% Performance: n/a   Asset Allocation   Sectoral Breakdown FNB World Government Bond ETF Price   Performance to 5 Dec 2023 R1 000 Lumpsum (NAV-NAV Incl. Dividends) Period Return Value(R) Inflation(R) 3 Months 0.45% 1 004.50 1 020.80 6 Months -2.56% 974.40 1 034.60 1 Year 6.68% 1 066.80 1 064.50 3 Years -2.56% 925.00 1 219.90 5 Years 3.38% 1 180.70 1 309.30   R100 per Month (NAV-NAV Incl. Dividends) Period Return Value(R) Inflation(R) 3 Months 6.06% 312.28 303.90 6 Months 5.17% 618.34 613.27 1 Year 5.47% 1 236.17 1 245.44 3 Years 1.70% 3 695.74 3 995.64 5 Years 0.37% 6 056.05 6 969.45 * 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 2023  ]