ETFCentral


Absa Capital

NewFunds ILBI ETF


Summary

Issuer
Absa Capital
Short Code
NFILBI
Launch Date
26 January 2012
Index Tracked
Composite Inflation Linked Bond Index (Total Return)


Exposure

Local/Offshore
Local
Asset Class
Bonds


Cost

TER
0.35%


Smart Beta

Smart Beta
No
Smart Beta Type
N/A


Dividends

Distribution Dates
Total Return - dividends are automatically reinvested
Last Dividend Payout
N/A
Next Dividend Payout
N/A


Detailed Description

´╗┐The ILBI (Inflation Linked Bond Index) ETF tracks total return* version of the Barclays/Absa South African Government Inflation-Linked Bond Index, an index consisting of bonds issued by the South African Government which are linked to the South African Consumer Price Index and calculated on a daily basis by Barclays.

The ILBI ETF is suitable for investors seeking low-cost convenient alternatives to traditional non-listed products. The ILBI ETF can act as a building block for investors to use when constructing their own portfolios.