NewWave Platinum ETN

An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.

NEWPLT trades at 31,256 ZAC today, its price has fallen −1.76% in the past 24 hours. Track more dynamics on NEWPLT price chart.

NEWPLT net asset value is 302.68 today — it's fallen 14.88% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.

NEWPLT assets under management is ‪66.80 M‬ ZAC. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.

NEWPLT price has fallen by −15.55% over the last month, and its yearly performance shows a 82.31% increase. See more dynamics on NEWPLT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −14.88% over the last month, have fallen by −14.88% over the last month, showed a 17.55% increase in three-month performance and has increased by 72.78% in a year.

NEWPLT fund flows account for 0.00 ZAC (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.

No, NEWPLT isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.

In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, NEWPLT technical analysis shows the sell rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating NEWPLT shows the buy signal. See more of NEWPLT technicals for a more comprehensive analysis.

No, NEWPLT doesn't pay dividends to its holders.

NEWPLT trades at a premium (5.12%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.

NEWPLT follows the Platinum Spot - ZAR - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

The fund started trading on Mar 12, 2012.