Key stats
About ABSA NEW GOLD ETF
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Inception date
Nov 1, 2004
Replication method
Physical
Primary advisor
NewGold Managers Pty Ltd.
ISIN
ZAE000060067
NewGold continuously tracks the gold spot price and enables investors to invest in a listed instrument (structured as a debenture) in which each security is equivalent to approximately 1/100th ounce of gold and is fully backed by holdings of gold bullion with the NewGold Custodian, ICBC Standard Bank.
Classification
Displays a symbol's price movements over previous years to identify recurring trends.
