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NewFunds Volatility Managed SA Defensive Equity

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About NewFunds Volatility Managed SA Defensive Equity

The ETF will replicate the NewFunds/Absa Volatility Managed SA Moderate Equity Index, an index which allows an Investor to gain full market exposure to a universe of 25 liquid, JSE-listed equity securities selected on a factor specification to low volatility demonstrated in their price performance. The Portfolio may comprise of both equity securities and cash (assets in liquid form), the proportion of which will be determined by the risk management process (the concurrent target volatility control mechanism and drawdown management process). The target volatility control mechanism aims to increase the proportion allocated to equity securities during periods of low volatility; and in turn increases the proportion allocated to cash during periods of high volatility. Specifically, where volatility rises and exceed the target threshold of 8%, the proportion allocated to cash will be increased. Where such volatility decreases, the proportion allocated to equity securities will be increased. The drawdown management process aims to increase the allocation to cash during periods where the drawdown of the equity basket increases and may result in a 100% allocation to cash in the event of the drawdown reaching 15%. To manage costs, the portfolio will only trade changes to the equity allocation of 10% or more.

What's been happening to NFEDEF in the market

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Pricing

*last updated 5 May, 2021
FUND SIZE TER
R 52 314 579 0.5

Current Prices 15 Minutes Delayed

Last Price
Buying At
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ETF Information

ETF Data
Fund Type ETF Inception Date 2019-02-25
Asset Class Equity Index Tracked NewFunds/Absa Volatility Managed SA Defensive Equity Index
Geo Focus South Africa Index Weighting Proprietary
Fund Strategy #N/A N/A Fund Expense Ratio 0.5
Classification Other Local Equity Institution ABSA
Broad Classification Equity Risk Profile Conservative
Domestic/Foreign Domestic Actively Managed N
Available In TFSA Account YES JSE Code NFEDEF
Dividends Reinvests Dividends Dividend Frequency Irregular
ETF Data
Fund Type ETF
Inception Date 2019-02-25
Asset Class Equity
Index Tracked NewFunds/Absa Volatility Managed SA Defensive Equity Index
Geo Focus South Africa
Index Weighting Proprietary
Fund Strategy #N/A N/A
Fund Expense Ratio n/a
Classification Other Local Equity
Instituion ABSA
Broad Classification Equity
Risk Profile Conservative
Domestic/Foreign Domestic
Actively Managed N
Available In TFSA Account YES
Dividends Reinvests Dividends
Dividend Frequency Irregular
JSE Code NFEDEF

Performance

*last updated 4 May, 2021
Timeline %
1 Week -1.10%
1 Month -0.49%
3 Months 0.30%
6 Months 5.60%
1 Year 6.69%
3 Years %
5 Years %
10 Years %
YTD 2.14%

Risk

*last updated 4 May, 2021
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

*last updated 31 December, 2020
ETF Data
Annual Management Fee 0.51
Performance Fee n/a
TER 0.5
Transaction Cost 0.15

Dividends

 
ETF Data
Last Payable Date n/a
Last Payable Amount n/a
Next Payable Date n/a
Next Payable Amount n/a
Fact Sheet 2021-02-28 Download Fact Sheet
Research on this ETF Visit our blog
Visit the ETF company website Visit Website
About NewFunds Volatility Managed SA Defensive Equity External Research

Trading Statistics on EasyEquities

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

Age Group

Age Count
0-17 9
35-54 118
55+ 26

Buying

Buy For Count
Day n/a
Month 131
Year 1405

Selling

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

Age Groups

0-17 9
18-34 286
35-54 118
55+ 26