ETFCentral


Absa Capital

NewFunds S&P GIVI SA Top 50


Summary

Issuer
Absa Capital
Short Code
GIVISA
Launch Date
23 June 2008
Index Tracked
S&P GIVI SA Top 50


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
28 April 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.