Profile's FundsDataOnline
Google
 
Quick Fund Switch See this page on the new FundsData beta
E-mail     Print
NewFunds Volatility Managed High Growth Equity ETF Summary Fact Sheet
South African--Multi Asset--Flexible
 
Technical Overview
Formation Date: 25 Feb 2019
Holdings: n/a
Original Price: n/a
Pricing System: Forward
 
Price
 
Management
 NewFunds (Pty) Ltd.
 
Ranking
Sector: South African-Multi Asset-Flexible
Fund Size: R67 471 726 (as at 30 Jun 2021)
Sector Rank: 22 out of 51
(lump sum over 1 years to 31 Aug 2021)
Overall Rank: 248 out of 1345
(lump sum over 1 years to 31 Aug 2021)
R1000 invested on 31 Aug 2020 was worth R1 228.75 on 31 Aug 2021 (22.88% annual compound return)
R100 per month since 31 Aug 2020 was worth R1 404.96 on 31 Aug 2021 (28.83% annual return compounded monthly)
 
Please note that domestic fund performance figures are calculated on a NAV-NAV basis including dividends reinvested on the reinvestment date, ETFs are reinvested on the ex-div date.
   
Focus and Objective
The Portfolio will track and replicate the NewFunds/Absa Volatility Managed SA High Growth Equity Index, an index which allows an Investor to gain full market exposure to a universe of 15 liquid, JSE-listed equity securities selected on a 70/30 factor specification to momentum and low volatility characteristics demonstrated in their performance. The Portfolio will 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 20%, 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 allocation to cash during periods where the drawdown of the equity basket approaches 30% i.e. where there is a 30% fall from the most recent price peak. In all instances the trade threshold is set at 10%.
 
Latest Fund Manager Comment / News
The Portfolio will track and replicate the NewFunds/Absa Volatility Managed SA High  ...more
 
News Archive
Click here for complete news archive for this fund.
 
Top Holdings on 30 Jun 2021
Share No Units Value (Rm) % of Fund
VODACOM 64 964 8.37 12.40%
MC GROUP 65 575 7.69 11.40%
RICHEMONT 41 921 7.28 10.79%
TFG 35 664 5.67 8.41%
BHP 12 240 5.17 7.66%
Totals   34.18 50.66%
 
Comparative Performance
 
Portfolio Structure as at 30 Jun 2021
Click here for complete portfolio for this fund.
 
Dividend Data
Click here for Dividend History for this fund.
 
Fees and Charges
Click here for fees and charges for this fund.
 
Sectoral Information
Click here for Sectoral Information for this fund.
 


Follow us on:


Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
Other Profile Group sites: ShareData Online (stock market data) | Profile's Financial Markets | Profile Group corporate site
Terms of Use |  Privacy Policy |  PAIA manual |  Site Map |  Powered by ProfileData |  © Copyright Reserved 2021  ]
   Disclaimer: Profile Media (Pty) Ltd has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. © Copyright Reserved 2021