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ILBI Exchange Traded Fund  

The ILBI Exchange Traded Fund (ETF) is a product that provides investors with a convenient and cost-efficient way to get exposure to performance of de facto SA Government inflation bond benchmark index.

The Barclays/Absa South African Government Inflation-Linked Bond Index is a total return index comprising SA bonds issued by the South African government that are linked to the South Africa Consumer Price Index (CPI).

Inflation linked bonds differ crucially from conventional bonds in that the nominal value of the notional changes in line with the South Africa CPI. Thus the real value, not the nominal value, of the bond’s notional remains constant. As coupons are expressed in terms of the notional, they too increase in line with the CPI.

On a monthly basis all coupons received are reinvested into the fund so as to increase the net asset value of the portfolio and consequently increase the value of each unit.

The ILBI ETF is suitable for investors seeking low-cost convenient alternatives to traditional non-listed products. The ILBI ETF can act as a building block for investors to use when constructing their own portfolios.

Maturity bands

> 12 yrs (50.17%)
3 - 6 yrs (29.28%)
7 - 12 yrs (19.39%)
Cash (1.16%)
Source: Absa CIB

Previous day closing price

R66.2

Performance

One week
One month
One year
Since inception
Returns are cumulative for periods shorter than 1 year and annualised for periods longer.

Current bid and offer

Bid price

61.16

Ask price

61.69
15 minute delay

Historical performance graph

Annualised return  7.17%
Benchmark return  5.88%
Date Range
 ILBI ETF
Fund data
Asset information
Document downloads

Fund data

Launch Date 26 January 2012
Domicile South Africa
Currency ZAR
Manager NewFunds (Pty) Ltd
Trustees Standard Bank of South Africa Limited
Issuer NewFunds Collective Investment Scheme
Stock Exchange JSE Limited
JSE Symbol NFILBI
Market Maker Absa

Asset information

Date (close) 24/05/2017
Number of listed securities on issue 111,609,660.5
Market Capitalisation* R 111,826,000.00
Nav per Security (Close) R 65.65
Cash Contribution per Basket R-1,328,000.00
Reference price** 65.78
Index Level (Close) 669.78

Document downloads

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