New Gold ETF

New Gold ETF is a exchange-traded funds managed by New Gold Managers (Proprietary) Ltd. It holds NGN 1.98B in net assets, ranking #5 out of 12 mutual funds and #5 out of 12 similar funds.

This fund type should be compared with similar funds first, because NAV, price, and yield figures become more meaningful when the funds have a similar mandate.

Currently, New Gold ETF's reported year-to-date yield is -2% and its reported week-to-date yield is -3.7%. Treat these as yield indicators for comparison, not as proof that the fund earned -3.7% in one week or delivered a cumulative -2% investor return year to date.

The bid price is NGN 56,180.00 and the offer price is NGN 61,515.00, leaving a spread of NGN 5,335.00. A wider spread can matter for entry and exit pricing, so it should be checked against the manager's current dealing terms.

855 unitholders is useful context, but it should be read with NAV because a smaller holder count can still represent meaningful institutional or high-ticket participation. The fund accounts for 0.02% of total fund NAV and 6.22% of funds with the same type.