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Offer:What is NewFunds GOVI Exchange Traded Fund
NewFunds GOVI Exchange Traded Fund is a reinvesting ETF portfolio in the NewFunds Collective Investment Scheme, registered under the Collective Investment Schemes Control Act, 45 of 2002 and managed by NewFunds (RF) Proprietary Limited.
Exchange-traded funds (ETFs) are a sort of pooled investment vehicle that functions similarly to mutual funds. Typically, ETFs track a specific index, sector, commodity, or other assets; however, unlike mutual funds, ETFs can be purchased or sold on a stock exchange in the same manner that conventional stocks can.
NewFunds GOVI Exchange Traded Fund is listed on the Johannesburg Stock Exchange (JSE) and tracks the FTSE/JSE GOVI Index, an index consisting of the top 10 bonds issued by the South African Government and seeks to provide investors with ample exposure to the top 10 RSA Government Bonds as is determined and calculated daily.
The NewFunds GOVI Exchange Traded Fund portfolio pays a monthly notional dividend to unitholders and reinvests the notional distribution (which is mostly composed of coupons and interest received from underlying bond issuers) in GOVI Index component assets. Coupons and interest on distributions are not subject to dividend tax because they are not considered dividends. Unitholders, on the other hand, will be taxed at their marginal rate on coupons and interest declared and assumed to have been received.
The Fund is launched by Absa Capital and co-managed by Absa Capital Alternative Asset Management (Proprietary) Limited and NewFunds (Pty) Ltd. The fund invests in the fixed income markets of South Africa, in bonds issued by the government with a maturity greater than one year.
The history of NewFunds GOVI Exchange Traded Fund started in the year 2012 when it was formed on January 11.
Today, NewFunds GOVI Exchange Traded Fund has a diversified portfolio of products and services in more sectors of the Financials value chain and services rendered.
NewFunds GOVI Exchange Traded Fund’s equity stocks are for sale online on the Johannesburg Stock Exchange (JSE) under the stock symbol NFGOVI.
NewFunds GOVI Exchange Traded Fund has its head office at Absa Towers East, 170 Main Street, Johannesburg, 2001, South Africa.
Michael Mgwaba serves as the executive director of NewFunds (Pty) Limited, the issuer of the NewFunds GOVI Exchange Traded Fund stocks (NFGOVI).
NewFunds GOVI Exchange Traded Fund forms part of the Financials sector, specifically, the Investment Services industry of the Johannesburg Stock Exchange (JSE).
NewFunds (Pty) Limited is the issuer of the NFGOVI (ISIN: ZAE000161949), NEWFUNDS SHARIA TOP40 (+6.87%), NF VM Moderate Equity ETF (+3.86%), NF Equity Value ETF (+3.85%), Newfunds MAPPS Growth (+3.2%), NF VM High Growth EQETF (+3.19%), NewFunds S&P GIVI SA T50 (+3.05%), Newfunds MAPPS Protect (+2.05%), NEWFUNDS EQUITY MOM ETF (+1.7%), NF VM Defensive EquityETF (+1.49%) and NF Low Volatility ETF (+1.21%) stocks on the Johannesburg Stock Exchange.
NewFunds GOVI Exchange Traded Fund Stock Performance
At the time of writing the most recent or current price for NewFunds GOVI Exchange Traded Fund stocks on the Johannesburg Stock Exchange (JSE) was 80.07 ZAR.
Financial data of NewFunds GOVI Exchange Traded Fund available from several sources showed that the company has a total market capitalisation of 3.24 Billion ZAR, and a total of 40.4 Million shares were outstanding. Further analysis of financial data shows that the Gross Turnover was 8.38 Million.
With an expected increase of earnings per share and reliable profits over future periods of time, potential investors who want to buy or sell NewFunds GOVI Exchange Traded Fund stocks can be hopeful about more profitable, even lucrative, dividends and earnings in times to come.
According to an analysis on the live chart of NewFunds GOVI Exchange Traded Fund, some analysts forecast a possible further improved performance for the company as well as the Financials sector with market share to grow as trading volumes may increase.
Highlights of NewFunds GOVI Exchange Traded Fund in 2025/2022
NewFunds GOVI Exchange Traded Fund (NFGOVI) started the current financial year with a share price of 78.69 ZAR on the Johannesburg Stock Exchange (JSE), and it has since gained 1.75 % in value on that price valuation, currently ranking 152nd on the JSE with its year-to-date performance.
Due to this performance, NewFunds GOVI Exchange Traded Fund is currently the 203rd most-traded stock on the JSE. The NFGOVI stock has experienced a total trading volume of more than 5.53 million shares, which were finalised in a total of 3 767 deals and were valued at a total of 432 million ZAR over the most recent three-month period from November 2025 to February 2025, with an average of 87 707 shares involved in each of the trading sessions.
During the same period, a volume high of 486 318 shares was traded on January 17 and the lowest number recorded was 9 539 on December 31. Details the latest 10 trading days of trading shows that the volume of shares traded varied from a low of 36 423 to a high of 207 170.
How to buy NewFunds GOVI Exchange Traded Fund stocks – Step by Step
The stock market remains one of the most attractive financial markets that still sees millions of retail investors and traders participating and investing daily. To buy, sell or trade NewFunds GOVI Exchange Traded Fund stocks on the Johannesburg Stock Exchange (JSE), traders and investors can follow the next simple and easy steps:
- Select an online forex broker that offers access to trading on the Johannesburg Stock Exchange (JSE).
- Look for the specific share that you want to buy, in this case, “NFGOVI”.
- Review and evaluate the broker’s trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are suitable and can be aligned with your trading needs and plans.
- Register and open a live trading account with the broker by completing the online application form and providing copies of the requested documentation to verify the trading
- Once your account has been approved, you are ready to make your first share purchase through the broker.
- You can from then on start to build and continue to diversify your portfolio by buying more shares.
FAQ
What is the JSE?
It was in 1887 during the first South African gold rush that the Johannesburg Stock Exchange (JSE) was established. Today, it is the most important stock exchange in South Africa, as well as the largest exchange on the entire continent of Africa.
According to its description as the “engine room of the South African economy,” the Johannesburg Stock Exchange is located in Sandton, Johannesburg, and its primary mission is to facilitate the raising of primary capital for listed companies while also improving job opportunities and wealth creation by providing an orderly market for investors to trade securities. The Johannesburg Stock Exchange was established in 1899 and is headquartered in Sandton, Johannesburg.
The Johannesburg Stock Exchange transitioned to electronic trading in 1996 and demutualized and listed on its own exchange in 2005.
On which stock exchange does NewFunds GOVI Exchange Traded Fund have shares for sale?
NewFunds GOVI Exchange Traded Fund trades its equity on the Johannesburg Stock Exchange (JSE) under the stock symbol NFGOVI.
What type of company is NewFunds GOVI Exchange Traded Fund?
NewFunds GOVI Exchange Traded Fund is a reinvesting ETF portfolio in the NewFunds Collective Investment Scheme, registered under the Collective Investment Schemes Control Act, 45 of 2002 that tracks the FTSE/JSE GOVI Index, an index consisting of the top 10 bonds issued by the South African Government and seeks to provide investors with ample exposure to the top 10 RSA Government Bonds as is determined and calculated daily.
In which industry and sector does NewFunds GOVI Exchange Traded Fund operate?
NewFunds GOVI Exchange Traded Fund forms part of the Financials sector, specifically, the Investment Services industry of the Johannesburg Stock Exchange (JSE).
What was the most recent price of NewFunds GOVI Exchange Traded Fund shares?
At the time of writing, the most recent or current price of NewFunds GOVI Exchange Traded Fund shares was 80.07 ZAR on the Johannesburg Stock Exchange (JSE).
Is NewFunds GOVI Exchange Traded Fund a good investment?
Choosing whether to hold on to a stock or sell it can be a difficult issue to navigate. For selling a stock, there is no universally applicable or one-size-fits-all technique. Instead, it is up to the individual investor to determine their own investment plan based on a variety of characteristics such as risk tolerance, time horizon, and financial objectives.
Before selling, it is crucial to evaluate which stock will be sold first, as this will have an impact on your tax situation afterwards. Unless otherwise noted, a stock that is sold is typically done so on a first-in, first-out (FIFO) basis unless otherwise specified.
NewFunds GOVI Exchange Traded Fund’s forecast indicates further growth and improvement in the next quarter from 2025, with investors expecting lucrative dividends and returns with increased financial performance.
What has been the recent and Year to Date stock price changes for NewFunds GOVI Exchange Traded Fund?
The Year-to-date change in the stock price of the NewFunds GOVI Exchange Traded Fund is 1.75 %. The change in the stock price of NFGOVI over six months was 4.18 % and over twelve months the change was 6.79 %.
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