NFEDEF : Change To Index Constituents Effective 28 February 2020: 
NEWFUNDS SA TARGET VOLATILITY DEFENSIVE EQUITY EXCHANGE TRADED FUND
PORTFOLIO

Share code: NFEDEF
ISIN: ZAE000254868

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 (RF) Proprietary Limited
(Registration Number 2005/034899/07)

CHANGE TO INDEX CONSTITUENTS EFFECTIVE 28 FEBRUARY 2020

In terms of section 19.28 of the JSE Limited Listings Requirements (JSE LRs), notice is hereby given to the
Investors of the above ETF securities that the ETF portfolio was rebalanced on 27 February 2020 as a result
of the Index rebalance, and that the following changes to the constituents of the underlying index has been
effect in the portfolio effective on 28 February 2020.

                  Constituent(s) added to index                Constituent(s) removed from index
  NFEDEF                                                       -ABSA GROUP LIMITED (ABG)
                                                               -ANGLO AMERICAN PUBLIC LIMITED
                                                               COMPANY (AGL)
                                                               -ANHEUSER BUSCH INBEV NV (ANH)
                                                               -BHP GROUP PUBLIC LIMITED COMPANY (BHP)
                                                               -BID CORPORATION LIMITED (BID)
                                                               -BRITISH AMERICAN TOBACCO (BTI)
                                                               -BIDVEST GROUP LIMITED
                                                               -COMPAGNIE FINANCIERE RICHEMONT SA
                                                               (CFR)
                                                               -CLICKS GROUP LIMITED (CLS)
                                                               -CAPITEC BANK HOLDINGS LIMITED (CPI)
                                                               -DISCOVERY LIMITED (DSY)
                                                               -EXXARO RESOURCES LIMITED (EXX)
                                                               -FISRTRAND LIMITED (FSR)
                                                               -GROWTHPOINT PROPERTIES LIMITED (GRT)
                                                               -MONDI PUBLIC LIMITED COMPANY (MNP)
                                                               -MR PRICE GROUP LIMITED (MRP)
                                                               -MTN GROUP LIMITED (MTN)
                                                               -NEDBANK GROUP LIMITED (NED)
                                                               -NASPERS LIMITED (NPN)
                                                               -OLD MUTUAL LIMITED (OMU)
                                                               -REMGRO LIMITED (REM)
                                                               -RMB HOLDINGS (RMH)
                                                               -STANDARD BANK GROUP LIMITED (SBK)
                                                               -SHOPRITE HOLDINGS LIMITED (SHP)
                                                               -SANLAM LIMITED (SLM)
                                                               -TIGER BRANDS LIMITED (TBS)
                                                               -FOSCHINI GROUP LIMITED (TFG)
                                                               -TRUWORTHS INTERNATIONAL LIMITED (TRU)
                                                               -VODACOM GROUP LIMITED (VOD)
                                                               -WOOLWORTHS HOLDINGS LIMITED (WHL)

Investors are advised that the above index is rebalanced on a quarterly basis, and the composition of each of
the portfolios may be viewed Capital ETF website. http://etfcib.absa.co.za/downloads/Pages/default.aspx

28 February 2020

Sponsor
Vunani Sponsors

Date: 28-02-2020 12:46:00
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