Total Return - dividends are automatically reinvested
Last Dividend Payout
N/A
Next Dividend Payout
N/A
Detailed Description
The NewFunds Value Equity ETF ("the Portfolio") is aimed at providing Investors with
diversified exposure to 30 highly liquid constituents securities in the South African
equity market that exhibit value characteristics (low price-to-earnings and price-to-book
ratios) in their performance by tracking the Absa Wits Risk-Controlled SA Value Index
("the Value Index"), where the constituent security’s weights in the Value Index are
determined by applying an equal risk contribution weighting scheme.
The Value Index was created by Absa Bank Limited (“Absa”) in collaboration with Wits
University using their Findata@Wits® database. The ETF is total return in nature
therefore all dividends and income received in the Portfolio is reinvested at each income
distribution date.