NewWave Silver ETNNewWave Silver ETNNewWave Silver ETN

NewWave Silver ETN

No trades

Key stats


Assets under management (AUM)
‪2.01 B‬ZAR
Fund flows (1Y)
‪47.31 B‬ZAR
Dividend yield (indicated)
Discount/Premium to NAV
9.6%
Shares outstanding
‪158.55 M‬
Expense ratio
0.40%

About NewWave Silver ETN


Brand
ABSA
Inception date
Mar 12, 2012
Index tracked
Silver Spot - ZAR - Benchmark Price Return
Replication method
Synthetic
Management style
Passive
Identifiers
2
ISIN ZAE000162566
NewWave Exchange Traded Notes (ETNs) constitutes unconditional, unsecured and unsubordinated obligations of ABSA Bank Limited, that is listed on the JSE Limited.

Classification


Asset Class
Commodities
Category
Precious metals
Focus
Silver
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


NEWSLV assets under management is ‪2.01 B‬ ZAC. It's risen 4.86% over the last month.
NEWSLV fund flows account for ‪47.31 B‬ 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, NEWSLV doesn't pay dividends to its holders.
NEWSLV expense ratio is 0.40% meaning you'd have to pay 0.40% of your investment to help manage the fund.
NEWSLV follows the Silver Spot - ZAR - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NEWSLV price has fallen by −12.60% over the last month, and its yearly performance shows a 105.61% increase. See more dynamics on NEWSLV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −8.80% over the last month, have fallen by −8.80% over the last month, showed a 36.57% increase in three-month performance and has increased by 100.38% in a year.
NEWSLV trades at a premium (9.56%) meaning the ETF is trading at a higher price than the calculated NAV.