NewWave Platinum ETNNewWave Platinum ETNNewWave Platinum ETN

NewWave Platinum ETN

No trades

Key stats


Assets under management (AUM)
‪66.80 M‬ZAR
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
5.1%
Shares outstanding
‪208.31 K‬
Expense ratio

About NewWave Platinum ETN


Brand
ABSA
Inception date
Mar 12, 2012
Index tracked
Platinum Spot - ZAR - Benchmark Price Return
Management style
Passive
Dividend treatment
Capitalizes
Income tax type
Capital Gains
Identifiers
2
ISIN ZAE000162590
The NewWave Platinum ETN is designed to provide investors with cost-effective exposure to the spot price of platinum in a listed instrument trading on the JSE in South African Rand. Each NewWave Platinum ETN is equivalent to 1/100th of an ounce of platinum bullion (less investor fees).

Classification


Asset Class
Commodities
Category
Precious metals
Focus
Platinum
Niche
Physically held
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows



Frequently Asked Questions


NEWPLT assets under management is ‪66.80 M‬ ZAC. It's fallen 11.58% over the last month.
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 doesn't pay dividends to its holders.
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.
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 trades at a premium (5.12%) meaning the ETF is trading at a higher price than the calculated NAV.