Published on: Aug 25, 2025 1:03:06 PM
Several Exchange Traded Notes from ABSA are set to distribute interest to investors. NewWave Currency ETNs, listed on the JSE in rand, provide direct exposure to foreign currencies by tracking one unit of the US dollar ($), euro (€), or British pound (£).
FYI - Their value rises if the rand weakens and falls if it strengthens, while paying interest twice annually.
NewWave GBP Exchange Traded Note will be paying R0.50 per share.
- Last trading date – 26 August 2025
- Payment date – 01 September 2025
NewWave USD Exchange Traded Note will be paying R0.38 per share.
- Last trading date – 26 August 2025
- Payment date – 01 September 2025
NewWave EURO Exchange Traded Note will be paying R0.22 per share.
- Last trading date – 26 August 2025
- Payment date – 01 September 2025
It's also worth noting that tax may be applicable on cash payouts payout.📁
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