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NewFunds Equity Momentum ETF

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About NewFunds Equity Momentum ETF

The NewFunds Equity Momentum ETF is aimed at providing Investors with diversified exposure to 20 constituent securities in the South African equity market that exhibit the greatest price appreciation over the past 12 months (excluding the most recent month). It does this by tracking the Absa Wits Risk-Controlled SA-Momentum Index ("the Momentum Index"), where the constituent securities weights are determined by applying an equal risk-contribution weighting scheme. The Momentum Index was created by Absa Bank Limited in collaboration with Wits University using their Findata@Wits® database. The ETF is total return in nature and all dividends and income received in the Portfolio is reinvested at each income distribution date.
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Pricing

*last updated 21 September, 2021
FUND SIZE TER
R 337 531 392 0.52

Current Prices 15 Minutes Delayed

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ETF Information

ETF Data
Fund Type ETF Inception Date 2012-01-26
Asset Class Equity Index Tracked Barclays Capital / ABSA Capital South Africa Equity Momentum Index which represents the total return of South African shares selected on the basis of their relative price momentum
Geo Focus South Africa Index Weighting Market Cap
Fund Strategy Growth Fund Expense Ratio 0.52
Classification Other Local Equity Institution ABSA
Broad Classification Equity Risk Profile n/a
Domestic/Foreign Domestic Actively Managed N
Available In TFSA Account YES JSE Code NFEMOM
Dividends Reinvests Dividends Dividend Frequency Mar, Jun, Sep & Dec
ETF Data
Fund Type ETF
Inception Date 2012-01-26
Asset Class Equity
Index Tracked Barclays Capital / ABSA Capital South Africa Equity Momentum Index which represents the total return of South African shares selected on the basis of their relative price momentum
Geo Focus South Africa
Index Weighting Market Cap
Fund Strategy Growth
Fund Expense Ratio n/a
Classification Other Local Equity
Institution ABSA
Broad Classification Equity
Risk Profile n/a
Domestic/Foreign Domestic
Actively Managed N
Available In TFSA Account YES
Dividends Reinvests Dividends
Dividend Frequency Mar, Jun, Sep & Dec
JSE Code NFEMOM

Performance

*last updated 21 September, 2021
Timeline %
1 Week -0.71%
1 Month -3.37%
3 Months 1.99%
6 Months 3.14%
1 Year 17.64%
3 Years 10.58%
5 Years 6.53%
10 Years %
YTD 11.20%

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 1.43
3 Years Sortino 0.63
3 Years Standard Deviation 19.27
5 Years Sharpe 0.55
5 Years Sortino 0.23
5 Years Standard Deviation 17.04

Fees

*last updated 31 December, 2020
ETF Data
Annual Management Fee 0.52
Performance Fee n/a
TER 0.52
Transaction Cost 0.91

Dividends

 
ETF Data
Last Payable Date n/a
Last Payable Amount n/a
Next Payable Date
Next Payable Amount n/a
Research on this ETF Visit our blog
Visit the ETF company website Visit Website
About NewFunds Equity Momentum ETF External Research

Trading Statistics on EasyEquities

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Age Group

Age Count
0-17 183
35-54 1744
55+ 368

Buying

Buy For Count
Day n/a
Month 667
Year 8817

Selling

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

Age Groups

0-17 183
18-34 2675
35-54 1744
55+ 368