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

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

Further to the announcement published on Thursday, 3 September 2014, a distribution has been declared today, Thursday 16 October 2014 to holders of ETF
securities ("investors") recorded in the register on Friday, 26 Sepember 2014, for the month ended 30 September 2014 as follows:

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

NFEMOM           Interest             Local                 0.55520        No                                                     0.55520
                 Dividend             Local                27.44480        Yes              15             0.01994               23.33107
                 Dividend        Foreign (Other)            0.00000        Yes              15                                    0.00000
                                                           28.00000                                                              23.88627

The distribution will be paid on Tuesday, 21 October 2014 to all securities holders recorded on the register on Friday, 26 September 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            Tax
                          of securities    reference
                            in issue         number

NFEMOM                     1 000 000      9400119179

16 October 2014

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



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