About NewGold ETF

Absa CIB’s NewGold Exchange Traded Fund (NewGold) is the simplest method for investors to gain cost-efficient exposure to the price of physical gold. NewGold continuously tracks the gold spot price and enables investors to purchase a listed instrument (structured as a debenture) in which each security is equivalent to approximately 1/100th ounces of gold. The debenture is fully backed by holdings of gold bullion with the NewGold Custodian, ICBC Standard Bank and is the first product in South Africa through which institutional and retail investors can securely invest directly in gold bullion.
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What's been happening to GLD in the market

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Pricing

*last updated 25 April, 2024
FUND SIZE TER
R 19 705 066 527 0.3

Current Prices Prices update end of day

Last Price
Buying At
Selling At
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How the pricing works

ETF Information

ETF Data
Fund Type ETF Inception Date 2004-11-01
Asset Class Commodities Index Tracked Gold bullion - each unit equals approximately 1/100th of a fine troy ounce of gold bullion in ZAR terms
Geo Focus Global Index Weighting Single Asset
Fund Strategy Precious Metals Fund Expense Ratio 0.3
Classification Commodity ETFs Institution ABSA
Broad Classification Commodities Risk Profile Aggressive
Domestic/Foreign Domestic Actively Managed N
Available In TFSA Account NO JSE Code GLD
Dividends None Dividend Frequency n/a
ETF Data
Fund Type ETF
Inception Date 2004-11-01
Asset Class Commodities
Index Tracked Gold bullion - each unit equals approximately 1/100th of a fine troy ounce of gold bullion in ZAR terms
Geo Focus Global
Index Weighting Single Asset
Fund Strategy Precious Metals
Fund Expense Ratio n/a
Classification Commodity ETFs
Institution ABSA
Broad Classification Commodities
Risk Profile Aggressive
Domestic/Foreign Domestic
Actively Managed N
Available In TFSA Account NO
Dividends n/a
Dividend Frequency n/a
JSE Code GLD

Performance

*last updated 25 April, 2024
Timeline %
1 Week -2.13%
1 Month 8.24%
3 Months 16.51%
6 Months 17.93%
1 Year 21.40%
3 Years 20.27%
5 Years 18.81%
10 Years 12.01%
YTD 16.13%

Risk

Daily Risk
3 Years Absolute Return n/a
3 Years Maximum Drawdown n/a
5 Years Absolute Return n/a
5 Years Maximum Drawdown n/a
Monthly Risk
3 Years Sharpe n/a
3 Years Sortino n/a
3 Years Standard Deviation n/a
5 Years Sharpe n/a
5 Years Sortino n/a
5 Years Standard Deviation n/a

Fees

ETF Data
Annual Management Fee 0.3
Performance Fee n/a
TER 0.3
Transaction Cost n/a

Dividends

 
ETF Data
Last Payable Date n/a
Last Payable Amount n/a
Next Payable Date
Next Payable Amount n/a
More information and Research on this ETF View Info
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Trading Statistics on EasyEquities

See below for what our other EasyEquities users think of this ETF.

Age Group

Age Count
0-17 206
35-54 1864
55+ 677

Buying

Buy For Count
Day 9
Month 1433
Year 10597

Selling

Sell For Count
Day n/a
Month 1
Year 3

Age Groups

0-17 206
18-34 1860
35-54 1864
55+ 677