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Exchange-Traded FundsFigures updated 2026-07-03
New Gold ETF
Managed by New Gold Managers (Proprietary) LtdVisit website ↗Compare this fund
A metric-led profile of this Nigerian mutual fund using the latest published fund figures.
Performance trend
How New Gold ETF has moved
2026-06-05 – 2026-07-03 · 5 data points
| Date | NAV | WTD yield | YTD yield |
|---|---|---|---|
| 2026-07-03 | NGN 1.83B | -0.9% | -11% |
| 2026-06-26 | NGN 1.85B | -0.5% | -10% |
| 2026-06-19 | NGN 1.89B | 0% | 4% |
| 2026-06-11 | NGN 1.99B | 1% | -1% |
| 2026-06-05 | NGN 1.99B | 1% | -1% |
Fund profile
What stands out about New Gold ETF
The New Gold Exchange-Traded Fund (ETF) has seen a steady slide in its Net Asset Value (NAV) over the past month, falling from ₦1.99B in early June 2026 to ₦1.83B as of 3 July 2026. That five-week decline has pushed the fund's Week-to-Date (WTD) yield to -0.90%, and its Year-to-Date (YTD) return now sits at -11.00%. Despite that recent pressure, the fund is holding up better than most of its peers: its WTD yield of -0.90% is above the median WTD yield of -1.16% across all ETFs in the same category, placing it at #5 of 12 within the ETF group and #140 of 222 funds overall.
The fund is managed by New Gold Managers (Proprietary) Ltd and currently serves 1,022 unitholders. Its NAV decline has been gradual rather than sudden, with the steepest single-week drop occurring between 11 June and 19 June, when NAV fell from ₦1.99B to ₦1.89B before continuing lower. A WTD yield of 0.00% during that week means the fund's value did not grow at all in that period, which marked the turning point from a flat trend into a modest but consistent downward move. The relatively small number of unitholders (1,022) suggests this is a niche fund with a limited investor base, which can sometimes mean lower trading activity on the exchange.
Key insight: Although the New Gold ETF is down -11.00% for the year, it is currently losing value more slowly than most of its ETF peers, outperforming the category median WTD yield of -1.16% with its own WTD yield of -0.90%.
How it compares in its type
Week-to-date yield
-0.90%
Higher than 50% of exchange-traded funds
This fundExchange-Traded Funds median
Net asset value
₦1.83B
Larger than 58% of exchange-traded funds
This fundExchange-Traded Funds median
Unitholders
1,022
More than 0% of exchange-traded funds
This fundExchange-Traded Funds median
Bid-offer spread
₦4,950
Tighter than 0% of exchange-traded funds
Positions are based on SEC figures from 2026-07-03 and change as the data updates.
Recent movement
- •Net asset value fell over the last 3 SEC updates (₦1.99B on 2026-06-11 to ₦1.83B on 2026-07-03).
- •Week-to-date yield has moved from 1.00% to -0.90%.
- •Added about 167 unitholders since 2026-06-05.
Price Details
- USD bid
- N/A
- USD offer
- N/A
How to invest in New Gold ETF
You invest through the fund manager. Always confirm they are SEC-registered and check current terms first. This is not investment advice.
Frequently asked questions
What does the recent decline in New Gold ETF's net asset value mean?+
New Gold ETF's NAV has fallen for 3 consecutive SEC updates, moving from NGN 1.99B to NGN 1.83B. For exchange-traded funds, a declining NAV typically reflects falling unit prices driven by underlying market movements. Performance depends on when units were acquired — investors who entered earlier may still be in a net gain position depending on the original price.
What is the bid-offer spread for New Gold ETF and how does it affect returns?+
New Gold ETF has a bid price of NGN 49,950.00 and an offer price of NGN 54,900.00, a spread of NGN 4,950.00 (9.02%). You buy at the offer price and redeem at the bid price, so the spread is an entry cost that your returns need to overcome before you are in profit. A tighter spread is generally more favourable for investors.
What is the current yield of New Gold ETF?+
As of the SEC update on 2026-07-03, New Gold ETF reported a week-to-date yield of -0.9% and a year-to-date yield of -11%. Yields move over time and are published as indicators for comparison, not as a guaranteed future return.
How do I invest in New Gold ETF?+
You invest through the fund manager, New Gold Managers (Proprietary) Ltd. Visit their website to get started. Check current terms including minimum investment and fees before proceeding.
Is New Gold ETF regulated in Nigeria?+
New Gold ETF appears in the SEC's published collective investment scheme data, which covers SEC-registered funds. You can confirm the manager's current registration status on the Investment Safety Checker.
Similar Exchange-Traded Funds
Other exchange-traded funds ranked by NAV, largest first.
#1Exchange-Traded Funds
VG 30 ETF
Vetiva Fund Managers Limited
NAV
NGN 13.23B
Exchange-Traded Funds median NGN 1.65B
Share of total
0.14%
WTD yield
-10.84%
Exchange-Traded Funds median -1.16%
YTD yield
47.16%
Unitholders
7,561
BidNGN 84.36
OfferNGN 84.56
SpreadNGN 0.20
#2Exchange-Traded Funds
Lotus Halal ETF
Lotus Capital Limited
NAV
NGN 3.38B
Exchange-Traded Funds median NGN 1.65B
Share of total
0.04%
WTD yield
-5.74%
Exchange-Traded Funds median -1.16%
YTD yield
64.02%
Unitholders
3,214
BidNGN 96.18
OfferNGN 106.30
SpreadNGN 10.12
#3Exchange-Traded Funds
Greenwich ALPHA ETF
Greenwich Asset Management Limited
NAV
NGN 2.23B
Exchange-Traded Funds median NGN 1.65B
Share of total
0.02%
WTD yield
-0.82%
Exchange-Traded Funds median -1.16%
YTD yield
54.45%
Unitholders
2,420
BidNGN 545.07
OfferNGN 545.07
SpreadNGN 0.00
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VETBANK ETF
Vetiva Fund Managers Limited
NAV
NGN 1.87B
Exchange-Traded Funds median NGN 1.65B
Share of total
0.02%
WTD yield
-7.79%
Exchange-Traded Funds median -1.16%
YTD yield
32.21%
Unitholders
5,485
BidNGN 21.25
OfferNGN 21.35
SpreadNGN 0.10
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