NEWFUNDS COLLECTIVE INVEST SCHEME - RAFIND; RAFFIN; RAFISA and RAFRES - Proposed replacement of index provider and change of portfolio name

RAFIND; RAFFIN; RAFISA and RAFRES - Proposed replacement of index provider and change of portfolio name

NEWFUNDS eRAFI(TM) SA FINANCIAL 15 INDEX ETF
Share code: RAFFIN
ISIN: ZAE000134979

NEWFUNDS eRAFI(TM) SA INDUSTRIAL 25 INDEX ETF
Share code: RAFIND
ISIN: ZAE000135182

NEWFUNDS eRAFI(TM) OVERALL SA INDEX ETF
Share code: RAFISA
ISIN: ZAE000117149

NEWFUNDS eRAFI(TM) SA RESOURCE 20 INDEX ETF
Share code: RAFRES
ISIN: ZAE000135166

(collectively the “NewFunds eRAFI portfolios”)

Portfolios in the NewFunds Collective Investment Scheme in Securities registered as such in terms of the
Collective Investment Schemes Control Act, 45 of 2002 (the “Act”) and managed by NewFunds Proprietary
Limited (Registration Number 2005/034899/07)

PROPOSED REPLACEMENT AND APPOINTMENT OF INDEX PROVIDER AND CHANGE OF
PORTFOLIO NAME FOR NEWFUNDS COLLECTIVE INVESTMENT SCHEME

NewFunds Proprietary Limited (“NewFunds” or the “Manager”) manages various portfolios in the NewFunds
Collective Investment Scheme in Securities (“NFCIS”). Each portfolio comprises a separate exchange traded
fund and seeks to track the performance of a specified index of securities. Indices are provided by an index
provider appointed by the Manager of NFCIS from time to time.

Investors are advised that the current index provider, Research Affiliates, LLC (“Research Affiliates”)
determined to discontinue the calculation and publication of enhanced indices and as a result will, with effect
from 31 May 2015, no longer provide this service to the NewFunds eRAFI portfolios.

NewFunds has entered into an agreement with S&P Dow Jones Indices (“S&P”) to replace Research
Affiliates as index provider.

In conjunction with the change of the index provider from Research Affiliates to S&P, the respective names
of the NewFunds eRAFI portfolios will change accordingly.

The proposed name changes of the respective NewFunds eRAFI portfolios are set out below:

 Existing Name and Codes                                Proposed new Name and Codes
 Newfunds eRAFI Overall SA Index ETF Portfolio          NewFunds S&P GIVI SA Top 50 Index Portfolio
 ISIN: ZAE000117149                                     Short Name: S&P GIVISA
 JSE Code: RAFISA                                       ISIN: [to be advised]
                                                        JSE Code: GIVISA
 
 Newfunds eRAFI Financial SA Financial 15 Index         NewFunds S&P GIVI SA Financial 15 Index
 ETF Portfolio                                          Portfolio
 ISIN: ZAE000134979                                     Short Name: S&P GIVFIN
 JSE Code: RAFFIN                                       ISIN: [to be advised]
                                                        JSE Code: GIVFIN
 
 Newfunds eRAFI SA Resource 20 Index ETF                NewFunds S&P GIVI SA Resource 15 Index
 Portfolio                                              Portfolio
 ISIN: ZAE000135166                                     Short Name: S&P GIVRES
 JSE Code: RAFRES                                       ISIN: [to be advised]
                                                        JSE Code: GIVRES
                                                                                                                
 Newfunds eRAFI SA Industrial 25 Index ETF              NewFunds S&P GIVI SA Industrial 25 Index
 Portfolio                                              Portfolio
 ISIN: ZAE000135182                                     Short Name: S&P GIVIND
 JSE Code: RAFIND                                       ISIN: [to be advised]
                                                        JSE Code: GIVIND

The proposed timetable to effect the respective name changes of the various NewFunds eRAFI portfolios, in
terms of the Listings Requirements of the JSE, is set out below:

 Publication of finalisation information                                                  Friday, 15 May 2015
 Last day to trade old securities                                                         Friday, 29 May 2015
 List and trade new securities. Removal of old securities on the JSE trading              Monday, 1 June 2015
 system
 Record Date                                                                              Friday, 5 June 2015
 Accounts of dematerialised holders will be updated                                       Monday. 8 June 2015

In terms of section 98 of the Act, all investors in the NewFunds eRAFI portfolios were entitled to participate in
a ballot to vote in favour of or against the proposed amendments to the NewFunds eRAFI portfolios.

A circular was issued to investors on 25 March 2015 setting out the proposed amendments to the NewFunds
eRAFI portfolios and inviting investors to participate in the balloting process. The balloting process closed on
11 May 2015 and investors holding a majority of the value of the participatory interests voted in favour of the
proposed amendments.

Investors are advised that application has been made to both the JSE Limited (“JSE”) and the Financial
Services Board (“FSB”) for approval of the change in index provider and the resultant name changes, and
that such changes will come into effect on 1 June 2015, subject to the required approvals being granted by
the JSE and FSB.

Current investors may remain invested in the portfolios or opt out of their investment prior to the appointment
of S&P.

The applicable S&P rule book is available for viewing via the Absa CIB ETF website
(http://etfcib.absa.co.za).

For further information, please contact
AbsaCIB ETFs
Tel: +27 11 895 5517

15 May 2015

Sponsor
Absa Corporate and Investment Banking (a division of Absa Bank Limited)

Date: 15/05/2015 10:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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