NEWFUNDS COLLECTIVE INVESTMENT SCHEME - Listing of the Newfunds Reitway Global Property ETF in the Exchange Traded Fund Sector on the JSE

Listing of the Newfunds Reitway Global Property ETF in the Exchange Traded Fund Sector on the JSE

The Newfunds Collective Investment Scheme in Securities
Newfunds Reitway Global Property ETF
JSE code: NEWPRP
ISIN: ZAE000296752
(“RGP ETF” or “the Portfolio”)

A Portfolio under the NewFunds Collective Investment Scheme in Securities (“NewFunds”)
registered as such in terms of the Collective Investment Schemes Control Act, 45 of
2002.

LISTING OF THE NEWFUNDS REITWAY GLOBAL PROPERTY ETF IN THE EXCHANGE TRADED FUND SECTOR
ON THE JSE

This announcement is issued in compliance with section 19.27 of the JSE Listings
Requirements and is issued for information purposes pertaining to the listing of the
Portfolio.

INTRODUCTION

The Newfunds Reitway Global Property ETF is managed by NewFunds (RF) Proprietary
Limited (the “Manager”) and has been established with the intention of allowing an
Investor to gain exposure to the securities of eligible listed property companies in
the Americas, Asia Pacific and Europe, Middle East and Africa regions.

The Portfolio will track and replicate the GPR Reitway Global Property Index (the
“Index”) and is calculated and maintained by Global Property Research B.V.

Global Property Research B.V. in collaboration with Reitway Global (Pty) Ltd created
the index which is considered to be representative of listed property stock market
across Americas, Asia Pacific and Europe, Middle East and Africa regions.

The Portfolio will replicate the performance of the index in ZAR terms and will
distributions quarterly.

The Portfolio will be listed on the Johannesburg Stock Exchange (JSE) as an Exchange
Traded Fund (ETF),and can be traded throughout any trading day at prevailing market
prices. According to the index methodology, the index is rebalanced on a bi-annual
basis, on the third Friday of March and September. The index committee may change
this date to cater for market holidays.


APPROVAL

Approval for the listing of the Newfunds Reitway Global Property ETF was granted by
the JSE on Tuesday, 5 May 2021.

LISTING AND OFFERING SUMMARY

•     Investors are able to participate by acquiring participatory interest in the
      Portfolio on the secondary market. The initial offer is available via private
      placement only and via the Manager.

RAMP UP PERIOD

This refers to the period where underlying securities will be acquired by the Newfunds
Reitway Global Property ETF with the cash proceeds raised from the private placement
offer.

SALIENT DATES AND TIMES AND FURTHER ANNOUNCEMENT

 SENS announcements of Listing Approval and posting/issue on      Wednesday, 5 May 2021
 Private Placement opens at 12:00 on                              Monday, 10 May 2021
 Private Placement closes as 12:00 on                             Monday, 10 May 2021
 Letters of Allocation issued                                     Wednesday, 12 May 2021
 Settlement of Letters of Allocation                              Thursday, 13 May 2021
 Opening date of Ramp-Up Period at 09:00 on:                      Wednesday, 12 May 2021
 Closing date of Ramp-Up Period at 12:00 on*:                     Wednesday, 19 May 2021
 Conversion ratio published by 11h00 on                           Friday, 21 May 2021
 Listing date at 9:00 on*:                                        Tuesday, 25 May 2021



*The duration of the Ramp-Up Period may be extended depending on prevailing market liquidity, in which event the Listing Date in respect
of Cash Subscriptions will occur on a later date.


Notes:
1. One Letter of Allotment (“LA”) will be issued for every one Rand subscription
   against a subscriber’s CSDP being. Once the Baskets have been acquired on behalf
   of the Portfolio, CSD will convert the LA’s to Participatory Interests in the
   CSDP accounts in accordance with the conversion ratio to be published on SENS.

COPIES OF PORTFOLIO SUPPLEMENT

Copies of the Offering Circular and the Applicable Portfolio Supplement are available
on the NewFunds website: aiss.absa.africa

Johannesburg

5 May 2021

Market Maker
Jane Street Financial Limited

JSE Sponsor
Vunani Sponsors

Date: 05-05-2021 01:05:00
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