ETFCentral
NewFunds MAPPS Growth ETF
Summary
Issuer
Absa Capital
Short Code
MAPPSG
Launch Date
25 May 2011
Index Tracked
MAPPS Growth Index
Exposure
Local/Offshore
Local
Asset Class
Mixed
Cost
TER
0.41%
Smart Beta
Smart Beta
Yes
Smart Beta Type
Alternative Index Construction
Dividends
Distribution Dates
Total Return - dividends are automatically reinvested
Last Dividend Payout
N/A
Next Dividend Payout
N/A
Detailed Description
NewFunds MAPPS™ Growth is a uniquely designed ETF which offers investors exposure
to multi-asset classes. NewFunds MAPPS™ Growth replicates the total return*
performance of South African equities through SWIX 40 Index, nominal bonds through
GOVI Index, inflation-linked bonds through ILBI Index and cash or allowable money
market instruments . MAPPS™ Growth ETF portfolio is made up of :Equity (75%), Nominal
Bonds(10%), Inflation-linked Bonds (10%) and Cash (5%).
The MAPPS™ Growth ETF is aimed at investors with a longer time horizon (e.g. younger investors) who can endure variability of returns in exchange for the prospect of long term real investment returns.
The MAPPS™ Growth ETF is aimed at investors with a longer time horizon (e.g. younger investors) who can endure variability of returns in exchange for the prospect of long term real investment returns.