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About NEW GOLD ISSUER LTD.
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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, ONG doesn't pay dividends to its holders.
ONG 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.
ONG follows the LBMA Gold Price AM ($/ozt). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.