| Technical Overview |
| Formation Date: |
1 Dec 2008 |
| Holdings: |
35 |
| Original Price: |
n/a |
| Pricing System: |
Forward |
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| Price |
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| Management |
| NewFunds (Pty) Ltd |
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| Ranking |
| Sector: |
Domestic-Equity-General |
| Size: |
R80 301 944 |
| Sector Rank: |
47 out of 90
(lump sum over 1 years to 31 Aug 2010) |
| Overall Rank: |
223 out of 735
(lump sum over 1 years to 31 Aug 2010) |
| R1000 invested on 31 Aug 2009 was worth R1 096.43 on 31 Aug 2010 (9.64% annual compound return) |
| R100 per month since 31 Aug 2009 was worth R1 212.46 on 31 Aug 2010 (1.91% annual return compounded monthly) |
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| Please note that domestic fund performance figures are calculated on a NAV-to-NAV basis including dividends reinvested on the reinvestment date. |
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| Focus and Objective |
NewSA is a portfolio within the NewFunds Collective Investment Scheme, created by Absa and Vunani, and is listed on the Exchange Traded Funds sector of the JSE Main Board. The NewSA tracks the performance of the NewSA index, a modified Top40 index, with the constituent weightings adjusted to reflect their respective empowerment status, as determined using the Department of trade and Industry Codes of Good Paractice on Broad-based Black Economic Empowerment, which take into account the seven pillars of transformation. The empowerment scores of the NewSA Index are provided by Empowerdex, an independent empowerment rating agency and the Index is independently calculated by the FTSE and the JSE.
Seven Pillars of Transformation
· Ownership
· Management
· Employment equity
· Skills development
· Preferential procument
· Enterprise development
· Socio-economic development
NewSA is the first investment product to give investors the opportunity to reward and recognize transformation without sacrificing market performance. It was established with the intention to allow Investors to obtain market exposure to Constituent Companies in the NewSA index in an easily tradable form and to replicate as far as possible the price and yield performance of the NewSA index.
NewSA participatory interests are listed on the JSE and can be purchased through a JSE member stockbroker.
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Latest News |
| Sector Change |
| Tuesday, 02 March 2010 |
| The fund changed sectors from the Domestic-Equity-Varied Specialist sector to the ...more |
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| News Archive |
| Click here for complete news archive for this fund. |
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Top Holdings on 30 Jun 2010 |
| Share |
No Units |
Value (Rm) |
% of Fund |
| SABMILLER |
43 375 |
9.32 |
11.61% |
| BHPBILL |
45 871 |
9.21 |
11.47% |
| STANBANK |
67 011 |
6.86 |
8.54% |
| ANGLO |
23 913 |
6.43 |
8.01% |
| MTN GROUP |
63 442 |
6.41 |
7.98% |
| Totals |
|
38.24 |
47.62% |
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Comparative Performance |
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| Portfolio Structure as at 30 Jun 2010 |
| Click here for complete portfolio for this fund. |
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| Dividend Data |
| Click here for Dividend History for this fund. |
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| Fees and Charges |
| Click here for fees and charges for this fund. |
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| Sectoral Information |
| Click here for Sectoral Information for this fund. |
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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 2010
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