NewGold Issuer Limited (GLD.JO) JNB

67,872.00

+526(+0.78%)

Updated at June 02 12:51PM

Currency In ZAc

NewGold Issuer Limited

Address

7th Floor, Absa Towers West, 15 Troye Street

Johannesburg, 2001

South Africa

Phone

+27 11 350 4000

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

January 02, 2008

Key Executives

N/A

Description

NewGold continuously tracks the gold spot price and enables investors to invest in a listed instrument (structured as a debenture) in which each security is equivalent to approximately 1/100th ounce of gold and is fully backed by holdings of gold bullion with the NewGold Custodian, ICBC Standard Bank.