ETFCentral
NewFunds S&P GIVI SA Top 50 (GIVISA)
Summary
Issuer
Absa Capital
Short Code
GIVISA
Launch Date
23 June 2008
Index Tracked
S&P GIVI SA Top 50
Ticker Symbol
JSE:GIVISA
Exposure
Local/Offshore
Local
Asset Class
Equity
Cost
TER
0.34%
Smart Beta
Smart Beta
Yes
Smart Beta Type
Alternative Index Construction
Dividends
Distribution Dates
Mar, Jun, Sep, Dec
Last Dividend Payout
26 October 2020
Next Dividend Payout
TBC
Detailed Description
NewFunds S&P GIVI SA Top 50 ETF offers investors a diversified exposure to fifty largest
JSE-listed stocks selected by intrinsic value and low volatility, at lower costs.
NewFunds S&P GIVI SA Top 50 ETF replicates the price performance of the S&P GIVI SA Top 50 Index, an Index which represents the fifty stocks from the S&P GIVI SA composite with the largest intrinsic value and lower volatility, subject to certain constraints such liquidity and market capitalisation of stocks.
NewFunds S&P GIVI SA Top 50 ETF replicates the price performance of the S&P GIVI SA Top 50 Index, an Index which represents the fifty stocks from the S&P GIVI SA composite with the largest intrinsic value and lower volatility, subject to certain constraints such liquidity and market capitalisation of stocks.