ETF CentralETFCentral


Absa Capital

NewFunds MAPPS Growth ETF (MAPPSG)



Summary

Issuer
Absa Capital
Short Code
MAPPSG
Launch Date
25 May 2011
Index Tracked
MAPPS Growth Index
Ticker Symbol
JSE:MAPPSG


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.