New Gold ETF
Fund Objective
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 ETF complies with Shariah Law.
Financials
Year Ending |
Net Income (₦'000) |
Total Expenses (₦'000) |
Profit/(Loss) before Taxation (₦'000) |
Taxation (₦'000) |
Total Income/(Loss) for the year (₦'000) |
Closing Net Assets (₦'000) |
Income Growth |
Fund Management Costs to Income Ratio |
Growth in AUM |
Closing NAV Per Unit (₦) |
Change in Audited NAV Per Unit |
Fund Auditors |
Expense Ratio |