NewFunds Volatility Managed High Growth Equity 

NewFunds Collective Investment Scheme - NewFunds Volatility Managed High Growth Equity ETF is an exchange traded fund launched by NewFunds (Pty) Ltd. It is managed by Absa Alternative Asset Management Proprietary Limited. The fund invests in the public equity markets of South Africa. It invests in the stocks of companies operating across diversified sectors. The fund invests in the volatility and momentum stocks of companies across all market capitalizations. The fund seeks to track the performance of the NewFunds/Absa Volatility Managed SA High Growth Equity Index, by using full replication technique. NewFunds Collective Investment Scheme - NewFunds Volatility Managed High Growth Equity ETF was formed on February 25, 2019 and is domiciled in South Africa.