NewFunds Equity Momentum ETF tracks the total return performance of the NewFunds Risk-Controlled WITS SA-Momentum
Index, an index consisting of the top 20 South African equity market shares ranked by their absolute price momentum and then
wieghted per their risk contribution to the entire index. The weighting scheme neutralizes index concentration and achieves
equal risk contribution of the index constituents
The ETF rebalances on monthly basis. Any dividends received get reinvested back into the fund, although dividends are
reinvested they are deemed distributed for tax purposes.