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IB STUB OMLNOVA

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IBOMLC:SJ
Johannesburg
Trading has been halted for IBOMLC:SJ
ZAr
Volume
0
Previous Close
116,664.00
NAV (on -)
-
Total Assets (ZAr) (on -)
-
Inception Date
08/13/2012
Premium/Discount
-
Average 52-Week Premium
-
Fund Managers
-
Last Dividend (on -)
-
Dividend Indicated Gross Yield
-
Expense Ratio
0.50%
3 Mo Return
-
3 Yr Return
-
5 Yr Return
-
Profile
The Investec CoreNova note gives the holder performance of all the Old Mutual Assets less the performance of Nedbank. This results in the holder effectively being long the OML assets excluding its 54% holding in Nedbank, thus facilitationg an entry into the stock at a discount to equity valuations.
ADDRESS
36 Hans Strijdom Avenue
Foreshore
Cape Town
8001
South Africa
PHONE
0860 500 100