aurora
Michael Tome
The Old Mutual Top 10 Exchange Traded Fund (ETF), which was listed last year, closed its first trading year valued at $632 million. This represented a yearly market capital gain of 468 percent for the diversified fund.
At close of trading on December 31, 2021, the Top 10 ETF closed with a twelve-month aggregated volumes traded of 90.6 million valued at a total of $179,6 million in turnover.
January saw the most volumes traded of 28.6 million as it was the month of listing, and December 2021 saw the most turnover in a month to date of $42.4 million.
The Old Mutual Top 10 ETF had a year of two contrasting halves in terms of both volumes and values traded. In the first half of the year volumes traded amounted to 60,2 million which dropped by a massive 42 percent to 34,9 million units traded in the period from July to December last year.
Turnover values traded had a similar trend with a value of $184,6 million value traded in the six months to June. However, the value traded fell to $100 million in the last six months of 2021, representing a 45 percent decrease in volumes traded.
Bongani Ndlovu