Not logged in
  
 
Home
 
 Marriott's Living Annuity Portfolios 
 Create
Portfolio
 
 View
Funds
 
 Compare
Funds
 
 Rank
Funds
 
Login
E-mail     Print
Satrix S&P Namibia Bond ETF  |  Global-Interest Bearing-Unclassified
23.7191    -0.0188    (-0.079%)
NAV price (ZAR) Fri 27 Jun 2025 (change prev day)


Mandate Overview21 Feb 2020
The Portfolio has been established with the intention of allowing an Investor to obtain market exposure to the Top 10 largest Sovereign Bonds issued by the Government of the Republic of Namibia. The Portfolio will track and replicate the total return version of the S&P Namibia Sovereign Bond 1+ year Top 10 Index in local currency of the Republic of Namibia, an index whereby each constituent bond has a maturity of greater than or equal to 12 months. The index is created and maintained by S&P Dow Jones Indices, and is a subset of the full Namibia Sovereign Bond Index. The Portfolio will replicate the performance of the index in local currency, rebalance monthly in line with the Index, and reinvest all income received by the Portfolio into the constituents securities of the index thereby increasing the net asset value of the Portfolio. The Portfolio will be listed on both the Namibian Stock Exchange (NSX) and Johannesburg Stock Exchange (JSE) as an Exchange Traded Fund (ETF), and can be traded throughout any trading day at prevailing market prices.
Archive Year
2024 2023 2022 |  2021 |  2020