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About ABSA NEW GOLD ETF
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Inception date
Nov 1, 2004
Replication method
Physical
Dividend treatment
Capitalizes
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
No, GLD doesn't pay dividends to its holders.
GLD shares are issued by Newgold Owner Trust under the brand ABSA. The ETF was launched on Nov 1, 2004, and its management style is Passive.
GLD follows the LBMA Gold Price AM ($/ozt). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GLD price has fallen by −0.38% over the last month, and its yearly performance shows a 33.90% increase. See more dynamics on GLD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.36% over the last month, have fallen by −0.36% over the last month, showed a 10.86% increase in three-month performance and has increased by 34.82% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.36% over the last month, have fallen by −0.36% over the last month, showed a 10.86% increase in three-month performance and has increased by 34.82% in a year.
GLD trades at a premium (0.49%) meaning the ETF is trading at a higher price than the calculated NAV.