NewFunds S&P Namibia Bond ETF (JSE: STXNAM)
Last traded- Open
- R25.02
- Prev Close
- R25.30
- Day High
- R25.02
- Day Low
- R25.02
Key statistics
| Market cap | N/A |
|---|---|
| P/E | N/A |
| EPS | N/A |
| Div yield | N/A |
| 52W high | R25.90 |
| 52W low | R24.42 |
| Volume | 3K |
| Listed | N/A |
Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from live member stances recorded by registered members on this page.
STXNAM sitting at R24.95 with that Namibia bond exposure. Question for the room: are you treating this as a rand hedge play or just chasing the yield, because the two don't always line up when ZAR gets wobbly.
Picked up STXNAM at R25.25 because the Namibian bond yield curve still offers decent carry relative to local rates, and the fund's low turnover keeps fees from eating into returns.
STXNAM sitting at R25.24 offers decent yield exposure to Namibian government bonds, though the currency risk and relatively tight spreads mean you're essentially betting on stable rates rather than capital appreciation. The fund's tracking error and expense ratio matter more here