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Absa Capital

NewFunds S&P Namibia Bond (NFNAMB)



Summary

Issuer
Absa Capital
Short Code
NFNAMB
Launch Date
28 November 2019
Index Tracked
S&P Namibia Sovereign Bond 1+ year Top 10 Index
Ticker Symbol
JSE:NFNAMB


Exposure

Local/Offshore
Offshore
Asset Class
Bonds


Cost

TER
0.10%


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 Portfolio has been established with the intention of allowing an Investor to obtain market exposure to the Top 10 largest Sovereign Bonds issued by the Government of the Republic of Namibia. The Portfolio will track and replicate the total return version of the S&P Namibia Sovereign Bond 1+ year Top 10 Index in local currency of the Republic of Namibia, an index whereby each constituent bond has a maturity of greater than or equal to 12 months