HomeHome SearchSearch MenuMenu Our productsOur products

About the ETF: NewFunds NewSA Index ETF [JSE:NEWFSA]

by , 23 September 2015

NewFunds NewSA Index exchange traded fund (ETF) tracks the NewSA Index. The ETF has a listing on the Johannesburg Stock Exchange…

Full name: NewFunds NewSA Index ETF
Short name:
Ticker: NEWFSA
Sector: JSE listed funds

Five top facts about NewFunds NewSA Index ETF

Fact #1:
ETFs are passively managed funds, which aim to track the performance of an underlying index. ETFs have listings on the stock market, trading just like shares.

Fact #2:
NewFunds NewSA Index ETF listed on the Johannesburg Stock Exchange in December 2008. Absa Bank is behind the fund.

Fact #3:
NewFunds NewSA Index ETF tracks the NewSA Index. The NewSA Index is a modified version of the Top 40 Index. It weights companies according to their empowerment ratings.

Fact #4:
NewFunds NewSA Index ETF is for investors who want exposure to empowered companies, which have a tendency to perform well. The fund pays out a quarterly dividend to investors.

Fact #5:
NewFunds NewSA Index ETF’s top share holdings include SABMiller, MTN and BHP Billiton.

Chart of NewFunds NewSA Index ETF’s share price

Chart of NewFunds NewSA Index ETF's share price

Financial information

For more financial information about NewFunds NewSA Index ETF, click here.

*********** New release ************

You can get the government to pay YOU every 180 days!

Right now, hundreds of South Africans are cashing regular cheques from the government.

It's 100% legal. These people have just taken advantage of a little-known government programme that puts thousands of rands back into their wallets, every single year.

Even better: This 'free cash' programme is available to any South African who claims it - You just need to know how to ask!

Click here to find out more…


About the ETF: NewFunds NewSA Index ETF [JSE:NEWFSA]
Rate this article    
Note: 5 of 1 vote

Related articles

Related articles

Trending Topics