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NewFunds Volatility Managed SA Moderate Equity Index

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About NewFunds Volatility Managed SA Moderate Equity Index

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 50/50 factor specification to momentum and low volatility characteristics 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 15%, 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 25%. To manage costs, the portfolio will only trade changes to the equity allocation of 10% or more.

What's been happening to NFEMOD in the market

  • 1M RTN
    3M RTN
    6M RTN
    1 YR RTN
    MAX RTN
  • DAILY CHANGE
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    • 1M
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    • 6M
    • 1Y
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Pricing

*last updated 23 February, 2021
FUND SIZE TER
R 51 521 208 0.5

Current Prices 15 Minutes Delayed

Last Price
Buying At
Selling At
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How the pricing works

ETF Information

ETF Data
Fund Type ETF Inception Date 2019-02-25
Asset Class Equity Index Tracked NewFunds/Absa Volatility Managed SA Moderate 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 Moderate
Domestic/Foreign Domestic Actively Managed N
Available In TFSA Account YES JSE Code NFEMOD
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 Moderate 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 Moderate
Domestic/Foreign Domestic
Actively Managed N
Available In TFSA Account YES
Dividends Reinvests Dividends
Dividend Frequency Irregular
JSE Code NFEMOD

Performance

*last updated 23 February, 2021
Timeline %
1 Week -2.40%
1 Month -0.63%
3 Months 5.20%
6 Months 7.82%
1 Year -5.03%
3 Years %
5 Years %
10 Years %
YTD 2.69%

Risk

*last updated 23 February, 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 0.47

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 2020-09-30 Download Fact Sheet
Research on this ETF Visit our blog
Visit the ETF company website Visit Website
About NewFunds Volatility Managed SA Moderate Equity Index External Research

Trading Statistics on EasyEquities

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

Age Group

Age Count
0-17 6
35-54 104
55+ 15

Buying

Buy For Count
Day n/a
Month 142
Year 886

Selling

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

Age Groups

0-17 6
18-34 225
35-54 104
55+ 15