NewFunds Volatility Managed High Growth Equity ETF
South African--Multi Asset--Flexible
Focus and Objective The Portfolio will track and replicate the NewFunds/Absa Volatility Managed SA High Growth Equity Index, an index which allows an Investor to gain full market exposure to a universe of 15 liquid, JSE-listed equity securities selected on a 70/30 factor specification to momentum and low volatility characteristics demonstrated in their performance. The Portfolio will comprise of both equity securities and cash (assets in liquid form), the proportion of which will be determined by the risk management process (the concurrent target volatility control mechanism and drawdown management process). The target volatility control mechanism aims to increase the proportion allocated to equity securities during periods of low volatility; and in turn increases the proportion allocated to cash during periods of high volatility. Specifically, where volatility rises and exceed the target threshold of 20%, the proportion allocated to cash will be increased. Where such volatility decreases, the proportion allocated to equity securities will be increased. The drawdown management process aims to increase allocation to cash during periods where the drawdown of the equity basket approaches 30% i.e. where there is a 30% fall from the most recent price peak. In all instances the trade threshold is set at 10%. Management NewFunds (Pty) Ltd.   Comparative Performance     Technical Overview Formation Date: 25 Feb 2019 JSE Code: NFEHGE Benchmark: NewFunds/Absa Volatility Manager SA Growth Equity Index Holdings: n/a Unit Holders: n/a Original Price: n/a Pricing System: Forward Minimum Lump Sum: n/a Minimum Monthly: n/a Risk Rating: Medium High Fees TER (31 Dec 2020): 0.53% Perf Fee TER (31 Dec 2020): 0% Annual: 0.51% Performance: n/a   Top Holdings on 31 Dec 2020 Share No Units Value (Rm) % of Fund SPAR 38 891 7.37 11.90% BATS 12 517 6.83 11.03% VODACOM 47 375 5.89 9.52% RICHEMONT 44 898 5.89 9.51% SHOPRIT 36 579 5.12 8.27% Totals   31.10 50.23%   Asset Allocation   Sectoral Breakdown NewFunds Volatility Managed High Growth Equity ETF Price   Performance to 25 Feb 2021 R1 000 Lumpsum (NAV-NAV Incl. Dividends) Period Return Value(R) Inflation(R) 3 Months 12.97% 1 129.70 1 005.10 6 Months 9.20% 1 092.00 1 012.00 1 Year -14.24% 857.60 1 034.00   R100 per Month (NAV-NAV Incl. Dividends) Period Return Value(R) Inflation(R) 3 Months 12.07% 324.79 301.36 6 Months 17.00% 662.39 604.43 1 Year 15.97% 1 309.06 1 220.57 * 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 2021  ]