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NewFunds Shari'ah Top 40 ETF

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About NewFunds Shari'ah Top 40 ETF

The Shari’ah Top 40 Index ETF is a fund created to comply with Islamic ethical investing. It gives investors diversified exposure to the broad market and allows investors to earn an equity return whilst complying with the Shari’ah principles of investing. The NewFunds Shari’ah Top 40 Index ETF tracks the price performance of the FTSE/JSE Shari’ah Top 40 Index, an Index is designed to reflect the Shari’ah compliant companies identified from the FTSE/JSE Africa Top 40 Index by Yasaar Limited (Yasaar). Yasaar Research Inc scholars represent all of the major Shari’ah schools of thought, creating a best practise approach that has credibility across all regions of the Islamic world. The Shari’ah Top 40 ETF is structured as a Financial Services Board (FSB)- approved Collective Investment Scheme Portfolio, issued under the NewFunds CIS umbrella. Listed on the JSE Limited, the Shari’ah Top 40 ETF provides investors with a daily disclosed, low cost, and easy-to access investment product that conforms to Shari’ah principles.

What's been happening to NFSH40 in the market

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Pricing

*last updated 5 May, 2021
FUND SIZE TER
R 64 497 392 0.41

Current Prices 15 Minutes Delayed

Last Price
Buying At
Selling At
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ETF Information

ETF Data
Fund Type ETF Inception Date 2009-04-06
Asset Class Equity Index Tracked Shari’ah compliant companies in the FTSE/JSE Top 40 Index
Geo Focus South Africa Index Weighting Market Cap
Fund Strategy Blend Fund Expense Ratio 0.41
Classification Top 40 Equity ETF Institution ABSA
Broad Classification Equity Risk Profile Aggressive
Domestic/Foreign Domestic Actively Managed N
Available In TFSA Account YES JSE Code NFSH40
Dividends Pays Dividends Dividend Frequency Mar, Jun, Sep & Dec
ETF Data
Fund Type ETF
Inception Date 2009-04-06
Asset Class Equity
Index Tracked Shari’ah compliant companies in the FTSE/JSE Top 40 Index
Geo Focus South Africa
Index Weighting Market Cap
Fund Strategy Blend
Fund Expense Ratio n/a
Classification Top 40 Equity ETF
Instituion ABSA
Broad Classification Equity
Risk Profile Aggressive
Domestic/Foreign Domestic
Actively Managed N
Available In TFSA Account YES
Dividends Pays Dividends
Dividend Frequency Mar, Jun, Sep & Dec
JSE Code NFSH40

Performance

*last updated 4 May, 2021
Timeline %
1 Week -1.87%
1 Month 2.36%
3 Months 11.77%
6 Months 37.94%
1 Year 52.70%
3 Years 12.57%
5 Years 9.06%
10 Years 5.66%
YTD 18.47%

Risk

*last updated 4 May, 2021
Daily Risk
3 Years Absolute Return 42.66
3 Years Maximum Drawdown 42.07
5 Years Absolute Return 54.3
5 Years Maximum Drawdown 42.07
Monthly Risk
3 Years Sharpe 1.29
3 Years Sortino 0.57
3 Years Standard Deviation 23.38
5 Years Sharpe 0.64
5 Years Sortino 0.28
5 Years Standard Deviation 20.07

Fees

*last updated 31 December, 2020
ETF Data
Annual Management Fee 0.4
Performance Fee n/a
TER 0.41
Transaction Cost 0.09

Dividends

 
ETF Data
Last Payable Date 2020-10-26
Last Payable Amount 4.29c
Next Payable Date TBD
Next Payable Amount TBD
Fact Sheet 2021-02-28 Download Fact Sheet
Research on this ETF Visit our blog
Visit the ETF company website Visit Website
About NewFunds Shari'ah Top 40 ETF External Research

Trading Statistics on EasyEquities

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

Age Group

Age Count
0-17 61
35-54 398
55+ 60

Buying

Buy For Count
Day n/a
Month 672
Year 4205

Selling

Sell For Count
Day n/a
Month n/a
Year n/a

Age Groups

0-17 61
18-34 800
35-54 398
55+ 60