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| Add GLD to |
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Watch List |
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Portfolio |
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| | JSE Overall | 112 721 | | 2.24% |
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| 61,895 |
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69,073 |
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| Close Fri 12 Jun | 63,037 |
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P/E Ratio | – |
| Open Fri 12 Jun | 64,999 |
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EPS - TTM | – |
| Best Bid | – |
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DPS - TTM
Dividend
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–
n/a
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| Best Offer | – |
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Dividend Yield | – |
| Volume Fri 12 Jun | 189 055 |
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Market Cap | 36.14bn |
| Range Fri 12 Jun | 62,846–64,999 |
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Shares In Issue | 57.34m |
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| Absa CIB’s NewGold Exchange Traded Fund (NewGold) is one of the simplest and cost-efficient methods for investors to invest directly in actual gold. 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.
NewGold is the first product in South Africa through which institutional and retail investors can securely invest directly in gold bullion. NewGold ETF complies with Shariah Law. |
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