Satrix S&P Namibia Bond ETF
Regional--Interest Bearing--Variable Term
Focus and Objective The Portfolio has been established with the intention of allowing an Investor to obtain market exposure to the Top 10 largest Sovereign Bonds issued by the Government of the Republic of Namibia. The Portfolio will track and replicate the total return version of the S&P Namibia Sovereign Bond 1+ year Top 10 Index in local currency of the Republic of Namibia, an index whereby each constituent bond has a maturity of greater than or equal to 12 months. The index is created and maintained by S&P Dow Jones Indices, and is a subset of the full Namibia Sovereign Bond Index. The Portfolio will replicate the performance of the index in local currency, rebalance monthly in line with the Index, and reinvest all income received by the Portfolio into the constituents securities of the index thereby increasing the net asset value of the Portfolio. The Portfolio will be listed on both the Namibian Stock Exchange (NSX) and Johannesburg Stock Exchange (JSE) as an Exchange Traded Fund (ETF), and can be traded throughout any trading day at prevailing market prices. Management NewFunds (Pty) Ltd.   Comparative Performance     Technical Overview Formation Date: 28 Nov 2019 JSE Code: STXNAM Benchmark: S&P Namibia Sovereign Bond 1 + Year Top 10 Index Holdings: n/a Unit Holders: n/a Original Price: n/a Pricing System: Forward Minimum Lump Sum: n/a Minimum Monthly: n/a Fees TER (30 Jun 2023): 0.12% Perf Fee TER (30 Jun 2023): 0% Annual: 0.10% Performance: n/a   Top Holdings on 30 Sep 2023 Share No Units Value (Rm) % of Fund GC24 42 605 000 43.31 9.19% Totals   43.31 9.19%   Asset Allocation   Sectoral Breakdown Satrix S&P Namibia Bond ETF Price   Performance to 1 Dec 2023 R1 000 Lumpsum (NAV-NAV Incl. Dividends) Period Return Value(R) Inflation(R) 3 Months 2.23% 1 022.30 1 020.80 6 Months 10.49% 1 104.90 1 034.60 1 Year 18.38% 1 183.80 1 064.50 3 Years 9.26% 1 304.50 1 219.90   R100 per Month (NAV-NAV Incl. Dividends) Period Return Value(R) Inflation(R) 3 Months 2.15% 304.31 303.90 6 Months 4.60% 616.32 613.27 1 Year 11.89% 1 280.20 1 245.44 3 Years 10.19% 4 225.65 3 995.64 * 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  Back to Top ProfileData has taken care in preparing this information but does not accept any liability for errors or out-of-date information.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  ]