ETFCentral
NewFunds MAPPS Protect ETF (MAPPSP)
Summary
Issuer
Absa Capital
Short Code
MAPPSP
Launch Date
25 May 2011
Index Tracked
MAPPS Protect Index
Ticker Symbol
JSE:MAPPSP
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™ Protect is a uniquely designed ETF which offers investors exposure
to multi-asset classes. NewFunds MAPPS™ Protect 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™ Protect ETF portfolio is made up of :Equity (40%), Nominal
Bonds(15%), Inflation-linked Bonds (35%) and Cash (10%).
The MAPPS™ Protect ETF is aimed at investors with a shorter time horizon (e.g. closer to retirement) and a lower tolerance for returns variability and would prefer a more stable return stream.
The MAPPS™ Protect ETF is aimed at investors with a shorter time horizon (e.g. closer to retirement) and a lower tolerance for returns variability and would prefer a more stable return stream.