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About the ETF: NewPalladium ETF [JSE:NGPLD]

by , 21 September 2015

NewPalladium exchange traded fund (ETF) tracks the spot price of palladium. The ETF has a listing on the Johannesburg Stock Exchange…

Full name: NewPalladium ETF
Short name:
Ticker: NGPLD
Sector: JSE listed funds

Five top facts about NewPalladium ETF

Fact #1:
ETFs are passively managed funds, which aim to track the performance of an underlying index or, in this case, the price of a precious metal. ETFs are listed on the stock market, trading just like shares.

Fact #2:
NewPalladium ETF listed on the Johannesburg Stock Exchange in March 2014. Absa Bank is behind the fund.

Fact #3:
NewPalladium ETF tracks the spot price of palladium as determined in rands. One NewPalladium ETF is the equivalent of 1/100th an ounce of palladium.

Fact #4:
NewPalladium ETF is for investors who want exposure to physical palladium in their portfolio. The ETF is also Shari’ah compliant.

Fact #5:
NewPalladium currently holds over 526,000 ounces of palladium.

Chart of NewPalladium ETF’s share price

Chart of NewPalladium ETF's share price

Financial information

For more financial information about NewPalladium ETF, click here.

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About the ETF: NewPalladium ETF [JSE:NGPLD]
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