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Published byNorah Reed Modified over 9 years ago
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NewGold - Absa Capital Exchange Traded Fund “The simplest and most cost effective way for investors to invest directly in physical gold”
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2 NewGold Fund Facts JSE Code ISIN Listing Date Net asset value No of issued securities No of tonnes No of ounces GLD ZAE000060067 02 Nov 04 R 9,697,050,000 132,836,300 40.54 1,303,452 Source : NewGold Issuer Ltd NewGold is: the only ETF in SA linked to the price of gold the largest ETF in SA certified Shari’ah Compliant by Absa Bank’s Shari’ah Board considered a safe haven investment South African Rand and equity hedge Last month return: 0.58% Return since inception: 168.92%
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NewGold as an equity hedge 3 Correlation coefficient: -73.7%
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NewGold as a rand hedge 4 Correlation coefficient: -73.7% Correlation coefficient: -80.23%
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NewGold vs. gold mining companies 5
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Other ETF offerings by ABSA Capital 6 NewRand “Enables investors to invest in blue-chip rand hedge companies listed on the JSE” NewSA “NewSA ETF allows investors to support transformation in South Africa, without sacrificing market performance.” Shari’ah 40 “Enables investors to invest in the top 40 companies on the JSE which are deemed to be Shari’ah Compliant” eRAFI Series – eRAFI 40 – eRAFI Financial 15 – eRAFI Resources 20 – eRAFI Industrial 25 “Enables investors to invest in ETFs constructed in terms of enhanced fundamental indexation”
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7 Visit the new Absa Capital ETF website Log onto www.absacapitaletfs.com Back to ETFs
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