ABSA NEW GOLD ETFABSA NEW GOLD ETFABSA NEW GOLD ETF

ABSA NEW GOLD ETF

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About ABSA NEW GOLD ETF


Issuer
Newgold Owner Trust
Brand
ABSA
Inception date
Nov 1, 2004
Index tracked
LBMA Gold Price AM ($/ozt)
Management style
Passive
ISIN
ZAE000060067
NewGold continuously tracks the gold spot price and enables investors to invest in a listed instrument (structured as a debenture) in which each security is equivalent to approximately 1/100th ounce of gold and is fully backed by holdings of gold bullion with the NewGold Custodian, ICBC Standard Bank.

Classification


Asset Class
Commodities
Category
Precious metals
Focus
Gold
Niche
Physically held
Weighting scheme
Single asset
Selection criteria
Single asset

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows