NEWFUNDS COLLECTIVE INVEST SCHEME - NFEMOM - Distribution and re-investment for the quarter ended 30 June 2014

NFEMOM - Distribution and re-investment for the quarter ended 30 June 2014

NEWFUNDS EQUITY MOMENTUM EXCHANGE TRADED FUND PORTFOLIO
Share code: NFEMOM
ISIN: ZAE000162236

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

DISTRIBUTION AND RE-INVESTMENT ANNOUNCEMENT FOR THE QUARTER ENDED 30 JUNE 2014

Further to the announcement published on Thursday, 17 July 2014, a distribution has been declared today, 
Wednesday, 23 July 2014 to holders of ETF securities ("investors") recorded in the register on 
Friday, 25 July 2014, for the month ended 30 June 2014 as follows:

Alpha code  Dividend/   Foreign/   Gross            Subject           *Withholding   STC        Net
            Interest    Local      Distribution     to                 Tax (%)      (Cents      Distribution
                                  (Cents per unit)  Withholding tax                  per unit) (Cents per unit)
                                                    Yes/ No

NFEMOM      Interest    Local      0.25903          No                                          0.25903
            Dividend    Local      11.74097         Yes                15            0.00000    9.97982
            Dividend    Foreign    0.00000          Yes                                         0.00000
                       (Other)
                                   12.00000                                                     10.23885

The distribution will be paid on Tuesday, 29 July 2014 to all securities holders recorded on the register on Friday, 25 July 2014.

The net distribution amount (after the deduction of Dividend Withholding Tax ("DWT") at a current rate of 15%) will be re-invested in 
the ETF on behalf of investors through the purchase of additional Constituent Securities (as defined in the relevant Portfolio Supplement) 
in the appropriate weightings, thereby increasing the net asset value of the ETF and, proportionately increasing the value of each ETF security.

As a consequence of reinvesting the net distribution amount (after the deduction of DWT), the ETF will be tracking the relevant total return 
net-of-dividend tax index.  

Investors qualifying for exemption from DWT or a reduced rate of DWT per Double Tax Agreement ("DTA"), will receive, in cash, a distribution amount 
of the applicable DWT, provided they have completed and timeously lodged with the relevant intermediary the prescribed declaration and undertaking form. 
Failure to do so will result in the dividends tax being withheld in full. 

*Investors should seek advice from their tax advisor on whether the tax and rate shown is applicable to them.
 
Additional information: 
                      Number of securities in issue    Tax reference number
NFEMOM                1,000,000                        9400119179

23 July 2014

Sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking division)


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