Key stats
About SMART EXCHANGE TRADED FUND S&P/NZX NZ GOVERNMENT BOND ETF
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Inception date
Jul 15, 2020
Replication method
Physical
Primary advisor
Smartshares Ltd.
ISIN
NZNGBE0008S8
The Smart S&P/NZX NZ Government Bond ETF’s investment objective is to track the return (before tax, fees and other expenses) of the S&P/NZX NZ Government Bond Total Return Index.
Classification
What's in the fund
Exposure type
Government
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
NGB trades at 2.206 NZD today, its price has fallen −0.14% in the past 24 hours. Track more dynamics on NGB price chart.
NGB net asset value is 2.22 today — it's fallen 0.61% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
NGB assets under management is 279.84 M NZD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
NGB price has fallen by −1.16% over the last month, and its yearly performance shows a 2.60% increase. See more dynamics on NGB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.61% over the last month, have fallen by −0.61% over the last month, showed a 0.69% increase in three-month performance and has increased by 3.51% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.61% over the last month, have fallen by −0.61% over the last month, showed a 0.69% increase in three-month performance and has increased by 3.51% in a year.
NGB fund flows account for 30.70 M NZD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
NGB invests in bonds. See more details in our Analysis section.
NGB expense ratio is 0.20%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, NGB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, NGB technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating NGB shows the neutral signal. See more of NGB technicals for a more comprehensive analysis.
Today, NGB technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating NGB shows the neutral signal. See more of NGB technicals for a more comprehensive analysis.
Yes, NGB pays dividends to its holders with the dividend yield of 1.82%.
NGB trades at a premium (0.20%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
NGB shares are issued by NZX Ltd.
NGB follows the S&P/NZX NZ Government Bond Index - NZD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 15, 2020.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.