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About the ETF: NewFunds TRACI 3 Month ETF [JSE:NFTRCI]

by , 17 September 2015

NewFunds TRACI 3 Month exchange traded fund (ETF) tracks the Barclays Capital/Absa Capital ZAR Tradable Cash Index 3 Month. The ETF has a listing on the Johannesburg Stock Exchange…

Full name: NewFunds TRACI 3 Month ETF
Short name:
NEWFTRACI
Ticker: NFTRCI
Sector: JSE listed funds


Five top facts about NewFunds TRACI 3 Month ETF


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

Fact #2:
NewFunds TRACI 3 Month ETF listed on the Johannesburg Stock Exchange in January 2012. Absa Bank is behind the fund.

Fact #3:
NewFunds TRACI 3 Month ETF tracks the performance of the Barclays Capital/Absa Capital ZAR Tradable Cash Index 3 Month. This index consists of three month South African money market deposit rates, with the mark to market value determining the index level.

Fact #4:
NewFunds TRACI 3 Month ETF is suitable for conservative investors and pays a monthly dividend.

Fact #5:
NewFunds TRACI 3 Month ETF’s largest paper weightings include Barclays Africa (21.28%), Standard Bank (20.22%) and Nedbank (20.22%).


Chart of NewFunds TRACI 3 Month ETF’s share price


Chart of NewFunds TRACI 3 Month ETF's share price

Financial information


For more financial information about NewFunds TRACI 3 Month ETF, click here.

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About the ETF: NewFunds TRACI 3 Month ETF [JSE:NFTRCI]
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