ETFCentral


Absa Capital

NewFunds MAPPS Protect ETF


Summary

Issuer
Absa Capital
Short Code
MAPPSP
Launch Date
25 May 2011
Index Tracked
MAPPS Protect 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™ 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.