ETF CentralETFCentral


Absa Capital

NewFunds ILBI ETF (NFILBI)



Summary

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


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.